BLOCK Technology produces a single product. The company's relevant range of production is 500,000 to 875,000 units of product. The following costs are incurred at the company's current production volume of 715,500 units: Total direct $7,155,000 materials Total direct labor $10.732,500 Total variable manufacturing $5,008,500 overhead Total fixed manufacturing $6,081,750 overhead Total variable $2,325,375 selling expense Total fixed selling $2,146,500 expense Total variable administrative $1,574,100 expense Total fixed administrative $894,375 expense Due to macroeconomic factors, demand for the company's product is expected to be weaker in the coming period. Therefore, the company is considering decreasing production volume to 510,000 units. What would be the total manufacturing cost associated with producing 510,000 units he next period? Due to macroeconomic factors, demand for the company's product is expected to be weaker in the coming period. Therefore, the company is considering decreasing production volume to 510,000 units. What would be the total manufacturing cost associated with producing 510,000 units in the next period? $22,401,750 $16,320,000 $20,655.000 O $29,342,100 None of the above