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Kraft Heinz has a variable cost per unit of $7 and fixed costs of $6,000,000. If Kraft Heinz produces 500,000 units, calculate the total cost

Kraft Heinz has a variable cost per unit of $7 and fixed costs of $6,000,000. If Kraft Heinz produces 500,000 units, calculate the total cost and the cost per unit. Prepare a classified balance sheet as of December 31, 20X1.

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