Production costs for Bill's Boat Company for 2020 of $720,000 were as follows: Variable costs: Direct labour $228,000, Direct materials $468,000 Fixed costs: Depreciation $3,500, rent and other costs $23,000 The company was able to produce 15 boats in 2020 . W for their 2021 budget they plan to produce 25 boats. Total variable cost =$696,000; Total fixed cost =$26,500; Total production cost =$722.500 Total variable cost =$1,160,000; Total fixed cost =$26,500, Total production cost =$1,186,500 Total variable cost =$908,514; Total fixed cost =$35,324; Total production cost /3943,838 Total variable cost =$908,514; Total fixed cost =$26,500; Total production post 18905014