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A project has earnings before interest and taxes of $24,900, fixed costs of $48,700, a selling price of $16 a unit, and a sales quantity

A project has earnings before interest and taxes of $24,900, fixed costs of $48,700, a selling price of $16 a unit, and a sales quantity of 24,500 units per year. Annual depreciation is $14,600. What is the variable cost per unit? Multiple Choice $12.70 $12.60 $12.80 $12.40 $12.50

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