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A project has earnings before interest and taxes of $5,750, fixed costs of $50,000, a selling price of $13 a unit, and a sales quantity of 11,500 units. Depreciation is $7,500.

What is the variable cost per unit?

A. $6.75
B. $7.00
C. $7.25
D. $7.50
E. $7.75

 

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M9882853

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