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X Company sells one product. The following price and cost information is for 2020: ...

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Accounting

X Company sells one product. The following price and cost information is for 2020:

Selling price $17.70
Variable manufacturing costs per unit 10.70
Variable selling and administrative costs per unit 2.30
Fixed manufacturing costs 10,850
Fixed selling and administrative costs 11,170

X Company is uncertain what fixed selling and administrative costs will be in 2021. If unit sales in 2021 are expected to be 7,000, and X Company wants to break even, what must fixed selling and administrative costs be?

A: $16,108 B: $18,846 C: $22,050 D: $25,798 E: $30,184 F: $35,316

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