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Mcleod, Inc. incurred fixed costs of $ 300,000. Total costs, both fixed and variable, are $ 500,000 when 50,00 units are produced. It sold 34,000
Mcleod, Inc. incurred fixed costs of $ 300,000. Total costs, both fixed and variable, are $ 500,000 when 50,00 units are produced. It sold 34,000 units during the year. Calculate the variable cost per unit. (Round your answer to the nearest cent.)
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