11 Sirhuds Inc., a maker of smartwatches, reports the information below on its product. The company uses absorption costing and has a target markup of 40% of absorption cost per unit. 3 points Skipped Direct materials cost Direct labor cost Variable overhead cost Fixed overhead cost Variable selling and administrative expenses Fixed selling and administrative expenses Expected production (and sales) $ 104 per unit $ 34 per unit $ 12 per unit $207,000 per year $ 5 per unit $ 130,000 per year 46,000 units per year eBook Compute the target selling price per unit under absorption costing. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Hint Per unit Print Direct materials Direct labor Variable overhead Fixed overhead Total product cost using absorption costing Target profit Target selling price $ 0.00 $ 0.00 A