Question - One level of a company's flexible budget was prepared for production of 7,000 units. Total costs were $25,000 and included direct materials, direct labor, and variable overhead at $1, $2, and $0.50 per unit respectively. What is the total cost for production of 7,700 units?
A. $500
B. $25,000
C. $26,950
D. $27,450