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A corporation has reported production costs. When 10,000 units are produced, the average cost of production is $23 per unit. When the production is only

A corporation has reported production costs. When 10,000 units are produced, the average cost of production is $23 per unit. When the production is only 6,000 units, the average cost is $30 per unit.

What is the variable cost per unit?

a.

$9.55

b.

$12.50

c.

$24.50

d.

None of the above.

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