Shine Jewelry sells 400 units resulting in $7,000 of sales revenue, $3,000 of variable costs, and $1,500 of fixed costs.

Calculate the variable cost per unit.

Select one: a. $7.50 b. $11.00 c. $8.00 d. $7.00

----------- Financial accounting provides the primary source of information for ______.

Select one: a. preparing the income statement for shareholders b. improving customer service c. decision making in the finishing department d. planning next year's operating budget

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