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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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