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Gray, Inc. had a contract to provide 50 office chairs, and the total cost to Gray for all the chairs would have been $2,000, 25%

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Gray, Inc. had a contract to provide 50 office chairs, and the total cost to Gray for all the chairs would have been $2,000, 25% of this variable and 75% fixed. Gray was recently notified that the customer had decided to only buy 40 chairs. What will be Gray's cost per chair? Select an answer SUGAVIEWE BOTOL, KO UPOWSTIOW Rey to select an answer a $37.50 v b $40.00 Your answer c $47.50 d $42,50

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