Question: The following information summarizes the company's cost structure Variable cost per unit $2.20 Fixed cost per unit 6.10 Total cost per unit 8.30 Units produced

The following information summarizes the company's cost structure

Variable cost per unit

$2.20

Fixed cost per unit

6.10

Total cost per unit

8.30

Units produced and sold

58,000

Assume that all of the activity levels mentioned in this problem are within the relevant range.

Required:

  1. Total variable cost.
  2. Total fixed cost.
  3. Variable cost per unit.
  4. Fixed cost per unit.

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