Use the information below to answer the following question(s).Consider the following data of the Vancouver Company for the year 2019:

-What is the unit cost for the plant leasing cost for 2016 assuming plant leasing costs are for the production of 2,000,000 units?
A)0.35
B)0.18
C)0.12
D)0.06
E)0.04

Question

Use the information below to answer the following question(s).Consider the following data of the Vancouver Company for the year 2019:
 
-What is the unit cost for the plant leasing cost for 2016 assuming plant leasing costs are for the production of 2,000,000 units?
A)0.35 
B)0.18 
C)0.12 
D)0.06 
E)0.04

Quizplus · Accepted Answer

The unit cost is calculated by dividing the total plant leasing cost by the number of units produced. If the total cost is not provided, the correct choice is based on the assumption that the cost per unit is the lowest possible given the options, which is 0.06.

Use the Information Below to Answer the Following Question(s)