A project has earnings before interest and taxes of $5,750, fixed costs of $50,000, a selling price

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A project has earnings before interest and taxes of $5,750, fixed costs of $50,000, a selling price of $13 a unit, and a sales quantity of 11,500 units. Depreciation is $7,500.
What is the variable cost per unit?
A. $6.75
B. $7.00
C. $7.25
D. $7.50
E. $7.75
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Principles Of Managerial Finance

ISBN: 978-0136119463

13th Edition

Authors: Lawrence J. Gitman, Chad J. Zutter

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