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	$ 110	per unit
Direct labor	$ 40	per unit
Variable overhead	$ 18	per unit
Fixed overhead	$ 240,000	per year
Variable selling and administrative expenses	$ 8	per unit
Fixed selling and administrative expenses	$ 145,000	per year
Units produced	40,000	units per year
Units sold	40,000	units per year

Compute the target selling price per unit under absorption costing.