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Petra Pizza incurred total costs of $25,000 in the month of March, of which $10,000 were variable costs. Its fixed cost was $2.50 per pizza.

Petra Pizza incurred total costs of $25,000 in the month of March, of which $10,000 were variable costs. Its fixed cost was $2.50 per pizza. How much was the variable cost per pizza?

Question 13Answer

a.

Cannot be determined with the information given

b.

$1.67

c.

$4.17

d.

$2.50

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