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A company produces components for washing machines. Each component has a raw material input of $20 and labour input that costs $10. The company must

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A company produces components for washing machines. Each component has a raw material input of $20 and labour input that costs $10. The company must also pay the rent of the factory totaling $20,000 per year, production supervisor's salary of $25,000 per year and the managing director's salary of $35,000 per year. The budgeted output is 10,000 units per year. What is the fixed production cost? O a $75,000 Ob $45,000 Oc$115,000 od $80,000

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