The Akron Slugger Company produces various types of wooden baseball bats. It has calculated the average cost per unit of a production level of 7500 bats to be $11. If $22,900 of the total costs are fixed, what is the variable cost of producing each bat?
A) $11.00
B) $2.60
C) $7.95
D) $3.05
Correct Answer:
Verified
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