Jaybird Company operates in a highly competitive market where the market price for its product is $110 per unit. Jaybird desires a 30% profit per unit. Jaybird expects to sell 5,000 units. Additional information is as follows:

Jaybird Company operates in a highly competitive market where the market price for its product is $110 per unit. Jaybird desires a 30% profit per unit. Jaybird expects to sell 5,000 units. Additional information is as follows: Variable Costs per Unit Direct materials Direct labor Overhead General and administrative Fixed Costs (total) $ 17 Overhead 18 General and administrative 16 $ 45,000 18,000 22 To achieve the target cost per unit, Jaybird must reduce total expenses by how much? Multiple Choice $33,500 O $50,000 o $44,500 O $53,000