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Pharoah Sports Inc. manufactures basketballs for the Womens National Basketball Association (WNBA). For the first 6 months of 2022, the company reported the following operating

Pharoah Sports Inc. manufactures basketballs for the Womens National Basketball Association (WNBA). For the first 6 months of 2022, the company reported the following operating results while operating at 80% of plant capacity and producing 118,700 units.

Amount Sales $4,629,300 Cost of goods sold 3,455,074 Selling and administrative expenses 483,156 Net income $691,070

Fixed costs for the period were cost of goods sold $960,000, and selling and administrative expenses $260,000.

In July, normally a slack manufacturing month, Pharoah Sports receives a special order for 10,000 basketballs at $30 each from the Greek Basketball Association (GBA). Acceptance of the order would increase variable selling and administrative expenses $0.74 per unit because of shipping costs but would not increase fixed costs and expenses.

What is the minimum selling price on the special order to produce net income of $5.13 per ball? (Round answer to 2 decimal places, e.g. 15.25.)

Minimum selling price $enter the minimum selling price in dollars rounded to 2 decimal places

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