The marketing manager of Fanning Corporation has determined that a market exists for a telephone with a sales price of $22 per unit. The production manager estimates the annual fixed costs of producing between 40,900 and 81,700 telephones would be $341,000. Required Assume that Fanning desires to earn a $121,000 profit from the phone sales. How much can Fanning afford to spend on variable cost per unit if production and sales equal 46,200 phones?