Question: At a point when volume reached 4,000 units, fixed costs amounted to $20,000 and total cost amounted to $60,000. If volume were to increase to

At a point when volume reached 4,000 units, fixed costs amounted to $20,000 and total cost amounted to $60,000. If volume were to increase to a level of 5,000 the total cost would be
a. $70,000
b. $60,000
c. $100,000
d. None of above

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