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The Following Income Statements Are Provided for Li Company's Last

Question 21

Multiple Choice

The following income statements are provided for Li Company's last two years of operation: The following income statements are provided for Li Company's last two years of operation: Assuming that cost behavior did not change over the two year period, what is the amount of the company's variable cost of goods sold per unit? A) $12.00 per unit B) $16.00 per unit C) 22.00 per unit D) none of these Assuming that cost behavior did not change over the two year period, what is the amount of the company's variable cost of goods sold per unit?


A) $12.00 per unit
B) $16.00 per unit
C) 22.00 per unit
D) none of these

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