The data below relate to a product. The budgeted selling price for each unit is $\$250$. The break-even quantity comes to $800$ units. The contribution to sales ratio equals $60\%$. What are the values of both fixed and variable costs?
- Atotal fixed costs $\$80\,000$, variable costs per unit $\$100$
- Btotal fixed costs $\$80\,000$, variable costs per unit $\$150$
- Ctotal fixed costs $\$120\,000$, variable costs per unit $\$100$
- Dtotal fixed costs $\$120\,000$, variable costs per unit $\$150$