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What is the best estimate of the company variable cost

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Reference no: EM133121493

Question - Angels Beauty Box specializes in curling cream for natural hair. The following data was gathered for the last three years.

 

Total cost of production

Volume

Year 1

13500

700

Year 2

15,100

900

Year 3

18,300

1100

Required - What is the best estimate of the company's variable cost per unit for the period?

a. $20

b. $4

c. $17

d. $12

Reference no: EM133121493

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