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Question - An olive oil processor incurred the following plant maintenance costs: 59,000 units processed with maintenance costs of $78,000, and 42,000 units processed with maintenance costs of $66,000. What is the variable cost per unit processed? (Round to the nearest cent.)
a. $1.12
b. $1.57
c. $1.86
d. $1.32
e. $0.71
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