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.$)$