The HJ Chang Company produces soup, which it sells for $4.50 per unit. The company recently had the following costs to manufacture 30,000 units: (a) rent on the factory $28,000, (b) salaries for management $102,000, (c) wages to factory workers $52,800, (d) utilities for factory of $8,500 and (e) product ingredients $38,000. What was the companys variable cost per unit? Round your final answer to the nearest penny.

ANSWER: $3.31 need a step by step How-To