Tibesty Corporation uses the absorption costing approach to cost-plus pricing to set prices for its products. Based on budgeted sales of 43,000 units next year, the unit product cost of a particular product is $62.00. The company's selling and administrative expenses for this product are budgeted to be $799,220 in total for the year. The company has invested $490,000 in this product and expects a return on investment of 11%. The selling price for this product based on the absorption costing is: $82.32 $120.18 O $68.82 O $81,84