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Regency, Inc. makes disposable cap and gown sets for graduations. The average variable cost for manufacturing 10 cap and gown sets is $200. Total fixed
Regency, Inc. makes disposable cap and gown sets for graduations. The average variable cost for manufacturing 10 cap and gown sets is $200. Total fixed costs for the year equal $70,000. The break-even units are 14,000. Calculate the selling price.
A. $20
B. $15
C. $25
D. $35
E. $30
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