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please see below thanks Sirhuds Inc., a maker of smartwatches, reports the information below on its product. The company uses absorption costing and has a

please see below thanks

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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 $ 182 per unit Direct labor cost $ 32 per unit Variable overhead cost $ 18 per unit Fixed overhead cost $ 192,888 per year Variable selling and administrative expenses $ 4 per unit Fixed selling and administrative expenses $ 125,668 per year Expected production (and sales) 48,888 units per year Compute the target selling price per unit under absorption costing. (Do not round intermediate calculations. Round your nal answer to 2 decimal places.) Direct materials Direct labor Vanable overhead Fixed overhead Total product cost using absorption costing Target selling price

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