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EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN: 9781337514835
Author: MOYER
Publisher: CENGAGE LEARNING - CONSIGNMENT
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Accounting problem with correct solution
![If a firm has fixed costs of $60,000, a price of
$7.00, and a break-even point of 25,000 units, the
variable cost per unit is
A. $5.00.
B. $4.60.
C. $5.40.
D. $4.00.](https://content.bartleby.com/qna-images/question/1bebfe44-dd32-46ef-a36f-a1f40e41a594/9efe224b-7dac-4389-b387-f594784f5227/zh721h_thumbnail.jpeg)
Transcribed Image Text:If a firm has fixed costs of $60,000, a price of
$7.00, and a break-even point of 25,000 units, the
variable cost per unit is
A. $5.00.
B. $4.60.
C. $5.40.
D. $4.00.
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