Yankee Corporation manufactures a single product. The company has the following cost structure:
Last year, 4,000 units were produced and 3,500 units were sold. There were no beginning inventories. Under variable costing, the unit product cost would be:
A) $4 per unit
B) $5 per unit
C) $7 per unit
D) $8 per unit
Correct Answer:
Verified
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