Nittany, Inc. provides the following information related to its sole product.

Selling price per unit: $79

Variable costs per unit: $55

Total fixed costs: $180,000

If Nittany, Inc. can reduce fixed expenses by $60,000, but the company wishes to maintain the break-even volume implied above (when fixed costs were $180,000), by how much can variable expenses per unit increase before the company no longer makes profits?

Group of answer choices

$5.50

$8.00

$10.00

$10.50