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The Turner Corporation recently had the following costs to produce 360 units: (a) utilities for factory of $700 (b) rent on the factory $2,050 (c)
The Turner Corporation recently had the following costs to produce 360 units:
(a) utilities for factory of $700
(b) rent on the factory $2,050
(c) salaries to employees $2,170
(d) wages to factory workers $2,950
(e) direct materials $550
What was the companys variable cost per unit rounded to the nearest penny (i.e. two decimal places)?
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