Based on the following cost data, items labeled (a) and (b) in the table below are which of the following amounts, respectively? Number of units: 1,500 3,000 Total cost: Variable$7,500 $15,000 Fixed$6,000 $6,000 Cost per unit: Variable$5 (a) Fixed$4 (b)
A. (a) = $5.00; (b) = $4.00
B. (a) = $3.00; (b) = $3.00
C. (a) = $2.50; (b) = $2.00
D. (a) = $5.00; (b) = $2.00
Answer: D
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