Hoops Incorporated sells basketballs. Each basketball requires direct materials of $17.50. direct labor of $11.00, variable overhead of $12.00, and variable selling. general, and
administrative costs of $9.50. The company has fixed overhead of $64.000 and fixed
selling. general, and administrative costs of $71,000. The company has a target profit of
$65.000. It expects to produce and sell 20.000 basketballs. The selling price per unit
under the variable cost method is: