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Problem:

A firm is reviewing a project with labor cost of $7.20 per unit, raw materials cost of $23.45 a unit, and fixed costs of $16,000 a month. Sales are projected at 9,200 units over the 3-month life of the project.

Required:

Question: What are the total variable costs of the project?

  • $281,980
  • $265,980
  • $215,740
  • $297,980
  • $148,990

Note: Please show guided help with steps and answer.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91171309

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