Hoops Incorporated sells basketball. Each basketball requires direct materials of $15.00, direct labor of $8.50, variable overhead of $9.50, and variable selling, general, and administrative costs of $7.00. The company has fixed overhead of $51,500 and fixed selling, general, and administrative costs of $58,500. The company has a target profit of $50,000. It expects to produce and sell 20,000 basketballs. The selling price per unit under the variable cost method is