Simhuds inca maker of smartwatches reports the formation below on its product the company resorption costing and has target markup of 40% of absorption cost per un Direct materials cast Direct labor cos Variable overhead cost Flued overtiead cost Variable selling and distri Fixed selling and distratives Expected production and tales) 1 Compute the target setting price petunt under absorption costing Do not round Intermediate action Found your finanswer to 2 decimal places.) Direct late Variable overhead [Fored overhead Total product conting option con Target prom The selling price $ 000 000 Simhuds inca maker of smartwatches reports the formation below on its product the company resorption costing and has target markup of 40% of absorption cost per un Direct materials cast Direct labor cos Variable overhead cost Flued overtiead cost Variable selling and distri Fixed selling and distratives Expected production and tales) 1 Compute the target setting price petunt under absorption costing Do not round Intermediate action Found your finanswer to 2 decimal places.) Direct late Variable overhead [Fored overhead Total product conting option con Target prom The selling price $ 000 000