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A project has earnings before interest and taxes of $6,355, fixed costs of $11,600, a selling price of $12 a unit, and a sales quantity

A project has earnings before interest and taxes of $6,355, fixed costs of $11,600, a selling price of $12 a unit, and a sales quantity of 10,500 units. Depreciation is $2,200. What is the variable cost per unit?

$8.87

$10.56

$10.08

$8.24

$7.08

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