XYZ Company's single product has a selling price of $25 per unit. Last year the company reported profit of $175,000 and variable expenses totaling $840,000. The product has a 40% contribution margin ratio. Because of competition XYZ Company will be forced in the current year to reduce its selling price by $2 per unit. How many units must be sold in the current year to earn the same profit as was earned last year? Select one: O a. 70,000 b. 38,500 O c. 101,500 d. 84,000 O e. 56,000 XYZ Bakery bakes breads that are sold to local restaurants and grocery stores in Muscat. When 300 breads are baked, the average cost is $1.25 per bread. When 900 breads are baked, the average cost is $0.65 per bread. What is the total cost when 550 breads are baked? Select one: a. $357.50 b. $480.00 O c. $687.50 Od. None of the answers given e. $452.50