Answer the following questions using the information below:
Shine Jewelry sells 400 units resulting in $7,000 of sales revenue, $3,000 of variable costs, and $1,500 of fixed costs.
-Calculate the variable cost per unit.
A) $11.00
B) $7.00
C) $8.00
D) $7.50

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The Answer of Answer the following questions using the information below:
Shine Jewelry sells 400 units resulting in $7,000 of sales revenue, $3,000 of variable costs, and $1,500 of fixed costs.
-Calculate the variable cost per unit.
A) $11.00
B) $7.00
C) $8.00
D) $7.50

Answer the Following Questions Using the Information Below