If $8,000$ units are produced, what is the total amount of manufacturing overhead cost incurred to support this level of production? What is this total amount expressed on a per unit basis? $($Round your "per unit" answer to $2$ decimal pla

Summarized data for Ralph Corporation:

Selling price $ $200$ per unit

Variable expenses $ $150$ per unit

Fixed expenses $ $1,000,000$ per year

Unit sales $25,000$ per year

Knowledge Check $01$