A firm is reviewing a project with labor cost of $8.00 per unit, raw materials cost of $24.25 a unit, and fixed costs of $20,000 a month. Sales are projected at 10,000 units over the 3-month life of the project. What are the total variable costs of the project?

$242,500

$342,500

$171,250

$322,500

$302,500

Please select answer with work