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A business produces and sells 500 units, the total cost of production is 85,000, profit is 15,000 and variable costs are 120 per unit. The
A business produces and sells 500 units, the total cost of production is 85,000, profit is 15,000 and variable costs are 120 per unit. The selling price is _______ and total fixed costs are _________.
a. 200 ; 15,000
b. 200 ; 25,000
c. 170 ; 15,000
d. 170 ; 25,000
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