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Ribco Co., makes and sells only one product. The selling price is $30, Fixed cost is $400,000. The company always incurs a loss even

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Ribco Co., makes and sells only one product. The selling price is $30, Fixed cost is $400,000. The company always incurs a loss even though it increases the amount of sales. On the other hand, the amount of loss equals to $400,000 so the company's variable cost would be: Select one: P a. $13.33 b. $40 C. 0 d. $30 e. $20 O 6:31 pm

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