Advance Electronics is analyzing a project with anticipated annual sales of 3,620 units, 5 percent; a sales price of $24, 2 percent; variable costs per unit of $14.60, 4 percent; and annual fixed costs of $12,900, 1 percent. What will be the annual total variable costs given a sensitivity analysis using a variable cost of $16 per unit? A) $53,470 B) $54,900 C) $55,500 D) $57,920 E) $61,050