LM Enterprises produces a single part for sale. The part sells for $12 per unit. Fixed costs

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LM Enterprises produces a single part for sale. The part sells for $12 per unit. Fixed costs are $1,700,000 annually. Production and sales of 540,000 units annually results in profit before taxes of $1,000,000.

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What is the unit variable cost?

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Fundamentals of Cost Accounting

ISBN: 978-0078025525

4th edition

Authors: William Lanen, Shannon Anderson, Michael Maher

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