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14. Angels Beauty Box specializes in curling cream for natural hair. The following data was gathered for the last three years. Total cost of production
14. Angels Beauty Box specializes in curling cream for natural hair. The following data was gathered for the last three years.
Total cost of production | Volume | |
Year 1 | 13500 | 700 |
Year 2 | 15,100 | 900 |
Year 3 | 18,300 | 1100 |
What is the best estimate of the company's variable cost per unit for the period?
a.
$20
b.
$4
c.
$17
d.
$12
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