D is the right answer. Please show work.

4, Cedar Corporation has been producing and selling 30,000 caps a year. The company has the capacity to produce 40,000 caps with its present facilities. The following information is also ayailable: Selling price per unit: Variable costs per unit: 533 Manufacturing Selling and Administrative $14 s6 Fixed costs in total: Manufacturing Selling and Administrative $128,000 $56,000 Edmans Company has contacted Cedar about purchasing 12,000 units ak 524 dack. A new customer who wants 20,000 units (all or nothing) right now also contacted Cedar. Cedar has to rodtice its existing sales when sellin either to Edmans or to the new customer. For the new customer, variable selling and administrative costs would not be i Unfortunately, Cedar cannot sell both to Edmans Company and the new customer. What is Ps minimum price to accept the offer from the new customer (instead of Edmans Company)? A $29.50 B S23.50 S20.00 S22.40 E None of the above PrtScn End 7 Home 5 6 8 4 N M