Lee Company produces and sells a product that has variable costs of $10 per unit...
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Accounting
Lee Company produces and sells a product that has variable costs of $10 per unit and fixed costs of $100,000 per year. If production increases from 10,000 units to 20,000 units, the TOTAL cost will ________.
A) increase by $20,000
B) decrease by $10 per unit
C) decrease by $5 per unit
D) stay the same
LO: 6-7
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