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Tyiana Hardware Pty Ltd has the following information available from last year for one of its hardware products: Sales revenue $45 000 Variable costs 7
Tyiana Hardware Pty Ltd has the following information available from last year for one of its hardware products:
Sales revenue | $45 000 |
Variable costs | 7 500 |
Fixed costs | 4 000 |
Net income | $33 500 |
If the hardware had a sales price of $45 per unit, what is the variable cost per unit?
Select one:
$7.50
$30.00
$165.00
$24.05
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