How much will Office for Mac 2011 cost?

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Microsoft officially announced that the Office for Mac 2011 is Released To Manufacturers. This means that the product reached to its final stage and now is being sent to production after the product went through as many as 6 beta builds before reaching the finalization stage.

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Office For Mac 2011 includes features such as document sharing with other Macs, full compatibility with Windows Based PC, Photo Editing in built in Word, PowerPoint, Excel Documents and other basic features of Microsoft Office.

They also released a short video clip featuring some of the features of office for Mac which weren’t able to make it to the final build .

How Much will Office for Mac 2011 cost when it hits the market later in the month of October?

Office for Mac Home & Student 2011 (Word for Mac, PowerPoint for Mac, Excel for Mac and Messenger for Mac 8 ) $119.00 US ERP (1 install)
Family Pack: $149 US ERP (3 installs)

Office for Mac Home & Business 2011 (Word for Mac, PowerPoint for Mac, Excel for Mac, Outlook for Mac and Messenger for Mac 8 )
$199.00 US ERP (1 install)
Multi-Pack: $279 US ERP (2 installs)

Those people who will buy Office for Mac 2008 will be able to upgrade to the Office for Mac 2011 for free.