The contribution margin ratio is 50%. If total fixed costs are $21,000, then what is the total cost ($) of producing and selling 55,000 units? The selling price is $5 per unit. O a. None of the given answers O b. 137,500 Oc 254,000 O d. 137,500 O e. 116,500 Which of the following statements related to CVP chart is not true? O a. The slope of the total cost line determines the variable cost per unit. O b. The intercept between the total cost line on a graph and the y-axis determines the fixed cost. Oc. To determine the variable cost per unit from a graph, the change in units is divided by the change in cost. O d. To calculate the total fixed cost from a graph is by multiplying a level of volume by the variable cost per unit found out earlier and subtracting that from the total cost for that level of volume. Oe. None of the given answers. Of. The high-low method is a way to estimate the cost behavior by graphically connecting the two cost amounts identified with the highest and lowest volume levels