Question: Question 1 (1 point) Saved The following data have been provided by a retail company that sells a single product. This Year Last Year Units
Question 1 (1 point) Saved The following data have been provided by a retail company that sells a single product. This Year Last Year Units sold $ 200,000 $150,000 Sales revenue $1,000,000 $750,000 Less cost of goods sold $ 700.000 $525.000 Gross margin $ 300,000 $225,000 Less operating expenses $ 222.000 $ 210,000 Net Income $ 78,000 $ 15,000 What is the best estimate of the company's variable operating expenses per unit? $0.24 $0.90 $4.17 $0.71 5
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