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Nantucket Company has the following cost-volume-profit (CVP) data: Breakeven point, in units2,000 Selling price per unit$625 Total fixed costs$125,000 What is the variable cost per

Nantucket Company has the following cost-volume-profit (CVP) data:

Breakeven point, in units2,000

Selling price per unit$625

Total fixed costs$125,000

What is the variable cost per unit (rounded to two decimal places)?

$515.00.

$562.50.

$625.00.

$655.25.

$62.50.

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