The selling price based on the absorption costing approach would be closest to:

Help Save & kirgan, Incorporated, manufactures a product with the following costs 29 Per Unit Per Year Direct saterials $26.90 Direct labor $ 15.30 Variable manufacturing overhead $ 4.10 Fixed manufacturing overhead $ 1,676,600 Variable selling and administrative expenses $ 4.00 Fixed selling and administrative expenses $ 1,643, 106 The company uses the absorption costing approach to cost-plus pricing described in the text. The pricing calculations are based on budgeted production and sales of 101000 units per year The company has invested $420,000 in this product and expects a return on investment of 15% The selling price based on the absorption costing approach would be dosest to (Do not round Intermediate calculations.) Multiple Choice $3270 o $8439 O $30