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Matthew Company produces and sells a product that has variable costs of $10 per unit and fixed costs of $275,000 per year. Requirements 1. Compute
Matthew Company produces and sells a product that has variable costs of $10 per unit and fixed costs of $275,000 per year. Requirements 1. Compute the unit cost at a production and sales level of 11,000 units per year. 2. Compute the unit cost at a production and sales level of 20,000 units per year. 3. Which of these unit costs is most accurate? Explain. Requirements 1 and 2. Compute the unit costs at a production and sales level of 11,000 units per year and 20,000 units per year. (Enter the cost per unit to the nearest cent.) Sales level 11,000 units per year 20,000 units per year Variable cost Fixed cost Total cost Cost per unit
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