FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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An olive oil processor incurred the following plant maintenance costs:
59,000 units processed with maintenance costs of $78,000, and 42,000 units
processed with maintenance costs of $66,000.
What is the variable cost per unit processed?
a. $1.12
b. $1.57
c. $1.86
d. $1.32
e. $0.71
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Transcribed Image Text:An olive oil processor incurred the following plant maintenance costs: 59,000 units processed with maintenance costs of $78,000, and 42,000 units processed with maintenance costs of $66,000. What is the variable cost per unit processed? a. $1.12 b. $1.57 c. $1.86 d. $1.32 e. $0.71
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