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1. Total production in July is 40 units. what is the approximate average unit cost for July?
- A. 115
- B. 115
- C. 115
- D. 115
Answer: Option B
Explanation:
The average cost for 40 units Would be given by (Total cost/No.of units) = ( 4000 + 800 + 1200)/40 =
6000
40
= 150
6000
40
= 150
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