Multiple Choice
A company that produces baseball caps has fixed costs of $100,000,total variable costs of $40,000 for a production volume of 20,000 units.The average variable cost per unit is:
A) $5.00.
B) $2.50.
C) $0.20.
D) $0.40.
E) $2.00.
Correct Answer:
Verified
Correct Answer:
Verified
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