Multiple Choice
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
Correct Answer:

Verified
Correct Answer:
Verified
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