Hoops Incorporated sells basketballs. Each basketball requires direct materials of $12.50, direct labor of $6.00, variable overhead of $7.00, and variable selling, general, and administrative costs of $4.50. The company has fixed overhead of $39,000 and fixed selling, general, and administrative costs of $46,000. The company has a target profit of $35,000. It expects to produce and sell 20,000 basketballs. The selling price per unit under the variable cost method is: Multiple Choice $42.00. $36.00. $30.00. $24.00. 45.00