Chapter 1, Problem 1.11EYCT

Wright Manufacturing incurred $40,000 of fixed costs and $60,000 of variable costs when 1,500 units of product were made and sold. If the company's volume doubles, the cost per unit will _.

KN Enterprises produces a single part for sale. The part sells for $19 per unit. Fixed costs are $1,420,000 annually. Production and sales of 640,000 units annually result in profit before taxes of $2,350,000. What is the unit variable cost? Correct Answer

Please provide correct solution for this general accounting question