29 01:49:10 Hoops Incorporated sells basketballs. Each basketball requires direct materials of $20.00, direct labor of $13.50, variable overhead of $14.50, and variable selling, general, and administrative costs of $12.00. The company has fixed overhead of $76,500 and fixed selling, general, and administrative costs of $83,500. The company has a target profit of $80,000. It expects to produce and sell 20,000 basketballs. The selling price per unit under the variable cost method is: Ask Multiple Choice $48.00. $60.00. $72.00. $84.00. 90.00. 30 Flagstaff Company has budgeted July production of 7,900 units. Variable factory overhead is $1.20 per unit. Budgeted fixed factory overhead is $19,000, which includes $3,000 of factory equipment depreciation. Compute the total budgeted overhead for July. 01:48:55 Multiple Choice Ask $25,480. $19,000. $23,900. $28,480. $9,480