Neptune Rentals offers a boat rental service. Consider the following costs of the company over the relevant of 500 to 800 hours of operating time for its hours: Hours of Operating Time 500 600 700 800 Total costs: Variable costs $ 8,000 $ ? $ ? $ ? Fixed costs $21,000 ? ? ? Total costs.. $29,000 $ ? $ ? $ ? Cost per hour: Variable cost $ ? $ ? $ ? $ ? Fixed cost ? ? ? ? Total cost per hour. $ ? $ ? $ ? $ ?

Compute the total cost when the operating time is 700 hours. Question 16 options: A) $62,,800 B) $32,200 C) $25,800 D) $26,300