A company budgets its total production costs at $220,000 for 75,000 units of output and $275,000 for 100,000 units of output. Since additional facilities are needed to produce 100,000 units, fixed costs are budgeted at 20% more than for 75,000 units. What is the budgeted variable cost per unit of output? A. $1.20 B. $2.75 C. $1.10 D. $2.20 Directions: Select the best