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9 Hoops Incorporated sells basketballs. Each basketball requires direct materials of $10, direct labor of $4, variable overhead of $5, and variable selling, general, and
9 Hoops Incorporated sells basketballs. Each basketball requires direct materials of $10, direct labor of $4, variable overhead of $5, and variable selling, general, and administrative costs of $2. The company has fixed overhead of $29,000 and fixed selling, general, and administrative costs of $36,000. The company has a target profit of $23,000. It expects to produce and sell 20,000 basketballs. The selling price per unit under the variable cost method is: Multiple Choice Print O $17.60. $22.00. O $26.40. O O $30.80 33.00 9 Hoops Incorporated sells basketballs. Each basketball requires direct materials of $10, direct labor of $4, variable overhead of $5, and variable selling, general, and administrative costs of $2. The company has fixed overhead of $29,000 and fixed selling, general, and administrative costs of $36,000. The company has a target profit of $23,000. It expects to produce and sell 20,000 basketballs. The selling price per unit under the variable cost method is: Multiple Choice Print O $17.60. $22.00. O $26.40. O O $30.80 33.00
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