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Sparkle Jewelry Sells 500 Units Resulting in $10,000 of Sales

Question 11

Multiple Choice
Sparkle Jewelry sells 500 units resulting in $10,000 of sales revenue, $4,000 of variable costs, and $1,500 of fixed costs. Calculate the variable cost per unit. (Round the final answer to the nearest cent.)

Sparkle Jewelry sells 500 units resulting in $10,000 of sales revenue, $4,000 of variable costs, and $1,500 of fixed costs. Calculate the variable cost per unit. (Round the final answer to the nearest cent.)


A) $12.00
B) $6.00
C) $2.00
D) $8.00

Correct Answer:

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