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A project with a life of one year has earnings before interest and taxes of $5,750, fixed costs of $50,000, a selling price of $13

A project with a life of one year has earnings before interest and taxes of $5,750, fixed costs of $50,000, a selling price of $13 per unit, and a sales quantity of 11,500 units. Depreciation is $7,500. What is the variable cost per unit? Multiple Choice $7.00 $7.25 $7.75 $7.50 $6.75

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