Simon Inc. produced 200 units in 2019 and incurred fixed costs of $5 per unit and variable costs of $9 per unit. In 2020 they plan to produced 250 units. They also expect fixed costs to increase by $300. What are their planned total costs for 2020? Show how you found the answer.

a. $3,100

b. $3,875

c. $3,550

d. $3,350