Huds Incorporated reports the Information below on its product. The company uses absorption costing and...

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Accounting

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
Direct labor
Variable overhead
Fixed overhead
Variable selling and administrative expenses
Fixed selling and administrative expenses
Units produced
Units sold
$110 per unit
$40 per unit
$18 per unit
$240,600 per year
$8 per unit
$145,600 per year
40, ee units per year
40,000 units per year
Compute the target selling price per unit under absorption costing. (Do not round Intermedlate calculatlons. Round your final
answers to 2 decimal places.)
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