Document2 Layout References Mailings Review View A Made . X New Na spacing Heading 1 Heading Choose the equation below that correctly calculates profit. 1. Profit = [(unit selling price + unit variable cost) x # units] - fixed costs 2. Profit = [(unit selling price-unit variable cost) x #units] + fixed costs 3. Profit = [(unit selling price - unit variable cost) x #units] - fixed costs 4. Profit = [(unit selling price x unit variable cost) x #units] - fixed costs 2. Company A has the following data for January through April: January Units Sold 980 January Total Costs - $3,500 February Units Sold - 780 February Total Costs - $4,000 March Units Sold - 1,080 March Total Costs - $5,500 April Units Sold - 1,280 April Total Costs - $5,000 Estimate variable costs per unit and fixed costs using the information above, then choose the answer below with the correct variable cost(VC)/unit and fixed costs. 1. $9 Vc/unit----- -$1,280 Fixed Cost 2. $8 VC/unit -$2,620 Fixed Cost 3. $4 VC/unit- $2,940 Fixed Cost 4. $2 VC/unit- -$2,440 Fixed Cost 3. I At current production volume of 10 units, Gamma Company has total variable costs of $300 and total fixed costs of $280, If production is expected to drop to 8 units in the next period, what is the total cost projected for the next period? 1. $580 2. $240 3. $520 4. $464 4. English (United States Focus MacBook Air 20 COO