Asked by Morgan Kollman on Jun 30, 2024

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Verified

If 5,000 units are sold, the variable cost per unit sold is closest to:

A) $13.00
B) $10.60
C) $12.10
D) $15.40

Variable Cost

Costs that vary directly with the level of production or service volume, such as materials and labor.

Units

In the context of production, refers to individual items or quantities that are counted or measured.

Sold

The completion of a transaction where goods or services are exchanged for payment.

  • Assess the total costs as well as the cost per item across different levels of output.
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Verified Answer

CB
Clayton BergerJul 02, 2024
Final Answer :
C
Explanation :