The Wrightsville Rakes Company produces various types of yard rakes. It has calculated the average...
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Accounting
The Wrightsville Rakes Company produces various types of yard rakes. It has calculated the average cost per unit of a production level of 7,900 rakes to be $11. If $22,500 of the total costs are fixed, what is the variable cost of producing each rake?
Question content area bottom Part 1
A. $2.85
B. $11.00
C. $2.86
D. $8.15
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