Maize Plastics manufactures and sells 70 bottles per day. Fixed costs are $24,000 and the variable costs for manufacturing 70 bottles are $56,000. Each bottle is sold for $2,000. How would the daily profit be affected if the daily volume of sales drop by 20%?

A. profits are reduced by $43,200

B.

profits are reduced by $28,000

C.

profits are reduced by $ 11,200

D.

profits are reduced by $ 16,800