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 $ 132 per unit $ 62 per unit $ 40 per unit $207,000 per year $ 19 per unit $ 200,000 per year 18,000 units 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 answers to 2 decimal places.)