37 2 points The following data relates to a company's operating budget for its next operating year: Sales price per unit () Sales volume (units) Costs: Materials () Labour () Energy () Depreciation () The budget was prepared using the following assumptions: Materials costs are variable. Labour costs are semi-variable with a fixed element of 10,000. Depreciation is a fixed cost. An allowance for an energy price increase of 16% 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 11% The sales volume will increase by 15% The rise in the energy prices should be revised to 7% What will be the company's new labour cost for the year? Type your answer... 24 109,000 23,000 25,000 25,000 105,000