Double Eagle Corporation manufactures athletic shoes. The company produced and sold 20,000 pairs of shoes in 2019 and had total variable costs of $184,000 and total fixed costs of $950,000. What would be Double Eagle's approximate cost per pair of shoes if it can only sell 19,000 pair in 2020?

Double Eagle Corporation manufactures athletic shoes. The company produced and sold 20,000 pairs of shoes in 2019 and had total variable costs of $184,000 and total fixed costs of $950,000. What would be Double Eagle's approximate cost per pair of shoes if it can only sell 19,000 pair in 2020?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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