McLeod,Inc.incurred fixed costs of $300,000.Total costs,both fixed and variable,are $500,000 when 59,000 units are produced.It sold 35,000 units during the year.Calculate the variable cost per unit.(Round your answer to the nearest cent.)
A) $8.47
B) $14.29
C) $5.08
D) $3.39
Correct Answer:
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