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A Company That Produces and Sells a Single Product Has

Question 29

Multiple Choice

A company that produces and sells a single product has provided the following volume and average cost data for two accounting periods: A company that produces and sells a single product has provided the following volume and average cost data for two accounting periods:   The best estimates of the total fixed cost and variable cost per unit are closest to: A) $2,000 fixed;$1.50 variable B) $2,000 fixed;$7.00 variable C) $3,000 fixed;$7.00 variable D) $3,000 fixed;$8.50 variable The best estimates of the total fixed cost and variable cost per unit are closest to:


A) $2,000 fixed;$1.50 variable
B) $2,000 fixed;$7.00 variable
C) $3,000 fixed;$7.00 variable
D) $3,000 fixed;$8.50 variable

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