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Company incurred fixed costs of $300,000. Total costs, both fixed and variable, are $500,000 when...

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Question

Accounting

Company incurred fixed costs of $300,000. Total costs, both fixed and variable, are $500,000 when 59,000 units are produced. It sold 35,000 units during the year. Calculate the variable cost per unit. (Round your answer to the nearest cent.)
Select one:
a. $8.47
b. $14.29
c. $3.39
d. $5.08

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