QS 19-17 Absorption costing and product pricing LO P4 A manufacturer reports the following information on its product. Direct materials cost Direct labor cost Variable overhead cost Fixed overhead cost Target markup $48.00 per unit $11.80 per unit $ 5.80 per unit $ 1.80 per unit 50 Compute the target selling price per unit under absorption costing. (Round your answer to 2 decimal places.) Target selling price per unit