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Legend Inc

Question 85

Essay

Legend Inc., a jewelry manufacturer, separated variable costs from fixed costs in order to conduct CVP analysis. Total variable costs for the period were $11,600. Total costs for the period were $20,000. Total units produced during the period were 200.
What would the fixed cost per unit have been if Legend had produced 300 units?

Correct Answer:

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Total fixed costs = Total costs - Total ...

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