Hoops incorporated sells basketballs. Each basketball requires direct materials of $10.50, direct labor of $4.00, variable overhead of $5.00, and variable selling, general, and administrative costs of $2.50. The company has fixed overhead of $29,000 and fixed seling, 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: Multipie Choice $30.80 $26.40. $22.00. $1760 3300