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This year Stockton produced and sold 7,000 fans for $10 apiece. At this level of production, the variable costs were 30% of the sales price,
This year Stockton produced and sold 7,000 fans for $10 apiece. At this level of production, the variable costs were 30% of the sales price, and the fixed costs were 50% of the sales price. What will be Stockton's total cost per unit if it can sell 10,000 fans next year? $6.50 $7.25 $8.00 $8.50 None of the above O
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