Hoops Incorporated sells basketballs. Each basketball requires direct materials of $10.00, direct labor of $3.50, variable overhead of $4.50, and variable selling, general, and administrative costs of $2.00. The company has fixed overhead of $26,500 and fixed selling, general, and administrative costs of $33,500. The company has a target profit of $20,000. It expects to produce and sell 20,000 basketballs. The selling price per unit under the variable cost method is: O $160. O $200. O $240. O $280. O $300