Axelrod Company has fixed costs of $250,000. Highest production volume this year was in January when there were 100,000 units produced and total costs of $550,000. How much is the variable cost per unit? (Please round all amounts to the nearest cent.)
A) $3.00
B) $5.50
C) $2.50
D) $3.50
Correct Answer:
Verified
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