Nantucket Company has the following cost-volume-profit (CVP) data: Breakeven point, in units2,000 Selling price per unit$625 Total
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Question:
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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