Question: A product is produced in three steps, with the variable cost added at each step and the yield at each step as listed below: Step
A product is produced in three steps, with the variable cost added at each step and the yield at each step as listed below:
- Step 1 - Variable Cost Added at this Step: $30.00 ; Yield: 95%
- Step 2 - Variable Cost Added at this Step: $15.00 ; Yield: 90%
- Step 3 - Variable Cost Added at this Step: $20.00 ; Yield: 92%
What is the variable cost per good unit?
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