A manufacturer reports the following information on its product. Direct materials cost $53.00 per un

A manufacturer reports the following information on its product. Direct materials cost $53.00 per unit $12.30 per unit $6.30 per unit $ 2.30 per unit Direct labor cost Variable overhead cost Fixed overhead cost Target markup 50 8 Compute the target selling price per unit under absorption costing. Target selling price per unit 103.46