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Question 2 10 pts An apparel manufacturing plant has estimated the variable cost to be $3.40 per unit. Fixed costs are $700,0

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Answer #1

Correct answer---------$8.07

Working

Variable cost (3.40 x 150000) $    5,10,000.00
Fixed cost $    7,00,000.00
Total cost $ 12,10,000.00
Divided by Units   150000
Cost per unit $ 8.07

Fixed cost remains same in totality.

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