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If a Firm Has Fixed Costs of $60,000, a Sales

Question 31

Multiple Choice

If a firm has fixed costs of $60,000, a sales price of $7.00 per unit, and a break-even point of 25,000 units, the variable cost per unit is ________.


A) $5.00
B) $4.60
C) $5.40
D) $4.00

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