The highest value of total cost was $70,000 in June for Acai Beverages, Inc. Its lowest value of total cost was $52,000 in December. The company makes a single product. The production volume in June and December were 13,000 and 7000 units, respectively. What is the variable cost per month? (Round your answer to the nearest cent.)
A) $1.38 per unit
B) $2.57 per unit
C) $3.00 per unit
D) $11.67 per unit
C) $3.00 per unit
You might also like to view...
During the year, Dempsey Corporation's current ratio increased while its quick ratio decreased. Which of the following could help explain this situation?
A) A decrease in accounts receivable during the year B) An increase in accounts payable during the year C) The sale of short-term investments during the year D) An increase in inventory levels during the year
CPA Accounting, LLC, is a limited liability company. If the law in CPA's state is like the law in most states, unless the members have agreed otherwise, participants in the firm's management will be considered to include
a. all members. b. no member. c. one member. d. two members, including at least one general partner.
Employers and unions have a duty to bargain in good faith.?
Indicate whether the statement is true or false
The cost of commercial paper (i.e., the interest rate)
A. increases as the paper's price increases. B. decreases as the paper's price increases. C. increases as the paper sells for a premium. D. decreases as the paper sells for a discount.