Calculate needed capacity if the processing time available during the planning horizon is 50 hours and given the information below: Product Annual Demand Standard Processing Time Per Unit (hr) 1 500 6 2 400 oo 3 600 7 4 700 5 378 machines O 478 machines O 178 machines O 278 machines If fixed costs are $700 and total variable costs are $300, what are total costs? O $21,000 O $400 O $1,000 $1,500 Calculate needed capacity if the processing time available during the planning horizon is 50 hours and given the information below: Product Annual Demand Standard Processing Time Per Unit (hr) 1 500 6 2 400 oo 3 600 7 4 700 5 378 machines O 478 machines O 178 machines O 278 machines If fixed costs are $700 and total variable costs are $300, what are total costs? O $21,000 O $400 O $1,000 $1,500