huds incorporated reports the information below on its product. the company uses absorption costing and has a target markup of 40% of absorption cost per unit. direct materials $ 140 per unit direct labor $ 70 per unit variable overhead $ 48 per unit fixed overhead $ 135,000 per year variable selling and administrative expenses $ 23 per unit fixed selling and administrative expenses $ 220,000 per year units produced 10,000 units per year units sold 10,000 units per year compute the target selling price per unit under absorption costing. (do not round intermediate calculations. round your final answers to 2 decimal places.)
