31 The following data relates to a company's operating budget for its next operating year: Sales price per unit () 17 Sales volume (units) 137,000 Costs: Materials () 52,500 Labour () 33,800 Energy () 25,000 Depreciation () 105,000 The budget has been prepared using the following assumptions: Materials costs are variable. Labour costs are semi-variable with a fixed element of 15,000. Depreciation is a fixed cost. An allowance for an energy price increase of 14% has already been included in the energy costs. The company now wishes to revise the data to incorporate the following updated assumptions: Selling prices will be reduced by 4% The sales volume will increase by 9% The rise in the energy prices should be revised to 7% What will be the company's new energy cost for the year? ( )