TB MC Qu. 10-115 (Algo) Jaybird Company operates in a highly... 1 Jaybird Company operates in a highly competitive market where the market price for its product is $70 per unit. Jaybird desires a 30% profit per unit. Jaybird expects to sell 5,000 units. Additional information is as follows: 1 points Variable Costs per Unit Direct materials Direct labor Overhead General and administrative Fixed Costs (total) $ 9 Overhead 10 General and administrative 8 14 $ 45,000 18,000 eBook To achieve the target cost per unit, Jaybird must reduce total expenses by how much? Multiple Choice $24,500 O O $13,500 O $33,000 O $30,000 O O $23,000