Multiple Choice
A project has earnings before interest and taxes of $24,900, fixed costs of $48,700, a selling price of $16 a unit, and a sales quantity of 24,500 units per year. Annual depreciation is $14,600. What is
The variable cost per unit?
A) $12.40
B) $12.50
C) $12.60
D) $12.70
E) $12.80
Correct Answer:
Verified
Correct Answer:
Verified
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