Oakwood Corporation Oakwood Corporation produces a single product. The following cost structure applied to its first year of operations:
Refer to Oakwood Corporation. Assume for this question only that Oakwood Corporation manufactured and sold 5,000 units in the current year. At this level of activity it had an income of $30,000 using variable costing. What was the sales price per unit?
A) $16.00
B) $18.80
C) $12.80
D) $14.80
Correct Answer:
Verified
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