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Albacore, Inc. sells tuna to grocery stores. Below are the costs associated with producing and selling said tuna: Rent on administrative office $1,200 President's salary
Albacore, Inc. sells tuna to grocery stores. Below are the costs associated with producing and selling said tuna:
Rent on administrative office | $1,200 |
President's salary | 75,000 |
Advertising | 2,300 |
Fishermen's compensation | 35,000 |
Depreciation on fishing boats | 10,000 |
Depreciation on canning facility | 15,000 |
Office Manager's salary | 45,000 |
Administrative employee's salaries | 50,000 |
Fuel for boats | 25,000 |
Empty can Materials | 15,000 |
Assume the costs above are incurred in order to produce 1,000,000 cans of tuna. If so, what is the per unit cost for each individual can? (multiple choice)
Group of answer choices
A. $0.10
B. $0.15
C. $1.00
D. $0.27
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