Haras Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume. The company sells the product for $141.30 per unit. Sale Volume (units) Cost of Sales 6,000 $347,400 Selling and administrative costs $436,800 The best estimate of the total variable cost per unit is: a. $123.40 b. $79.60 c. $57.90 d. $130.70

Haras Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume. The company sells the product for $141.30 per unit. Sale Volume (units) Cost of Sales 6,000 $347,400 Selling and administrative costs $436,800 The best estimate of the total variable cost per unit is: a. $123.40 b. $79.60 c. $57.90 d. $130.70

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter7: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 46E: Lotts Company produces and sells one product. The selling price is 10, and the unit variable cost is...

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Question:- Cost Account Haras Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume. The company sells the product for $141.30 per unit. Sale Volume (units) Cost of Sales 6,000 $ 3,47,400 Selling and administrative costs $ 4,36,800 The best estimate of the total variable cost per unit is: a. $123.40 b. $79.60 c. $57.90 d. $130.70
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