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What the full cost per unit was

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Question 1: Health Worriers manufactures and sells speed bikes. In 2019, it reported the following: Number of bikes produced and sold 2,000 bikes. Investment $2,000,000, Markup percentage on full cost 20%, Rate of return on investment 10%, Variable cost per unit $300. The full cost per unit was:

Option a. $400

Option b. $500

Option c. $300

Option d. $600

Reference no: EM132516125

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