A wooden fence is to be built around a 50 m-by-62 m lot. How many meters of fencing will be needed? If the wood for the fence costs $47.75 per meter, what will the wood for the fence cost?
A) 3100m,148025.00
B) 3100m,10696.00
C)224m,10696.00
D)244m,148025.00