Question: True or False 5) The fixed cost per unit is assumed to vary within a particular relevant activity range. 19) McLeod, Inc. incurred fixed

True or False 5) The fixed cost per unit is assumed to vary within a particular relevant activity range. 19) McLeod, Inc. incurred fixed costs of $300,000. Total costs, both fixed and variable, are $500,000 when 59,000 units are produced. It sold 35,000 units during the year. Calculate the variable cost per unit. (Round your answer to the nearest cent.) A) $8.47 B) $14.29 C) $5.08 D) $3.39

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