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1. A company produces a single, high-volume product. One year its production volume was 780,000 units, its fixed costs were $3.2 million, and its variable

1. A company produces a single, high-volume product. One year its production volume was 780,000 units, its fixed costs were $3.2 million, and its variable costs were $16 per unit. What was the company's average cost per unit produced

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