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QUESTION 3 0.5 Marconi Electronics manufacture and sell scientific calculators. Information pertaining to the production of 6,000 scientific calculators is as follows: $15,000 Advertising: Insurance

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QUESTION 3 0.5 Marconi Electronics manufacture and sell scientific calculators. Information pertaining to the production of 6,000 scientific calculators is as follows: $15,000 Advertising: Insurance on machinery: $8,000 Labour - Administration: $10,000 Labour - Manufacturing: $60,000 Materials: $20,000 Product Packaging: $6,000 Selling Price: $30 What is the variable cost to make each scientific calculator? $11.67 $14.33 $16.00 None of the above

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