A manufacturer reports the information below for three recent years. Year 1 $ 129,500 Variable costing income Beginning finished goods inventory (units) Ending finished goods inventory (units) Fixed manufacturing overhead per unit Year 2 $ 135,200 1,850 1,350 5 2.60 Year 3 $ 135,20 1,350 1,450 $ 2.60 $ 1,850 2.60 Compute income for each of the three years using absorption costing. Year 1 Year 2 Year 3 Absorption costing income 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. 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) $ 132 per unit 62 per unit 40 per unit $ 27,000 per year 19 per unit $ 200,000 per year 18,000 units per year $ $ Compute the target selling price per unit under absorption costing. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Per unit Direct materials Direct labor Variable overhead Fixed overhead Total product cost using absorption costing Target profit Target selling price 0.00 $ 0.00