Polka King Gifts had the following costs in March when 400 ceramic statues were produced: materials, $4,200; labor cost, $1,600; depreciation, $800; rent, $700; and other fixed costs, $500. Which one of the following is the correct cost for Polka King?
A. The fixed cost per unit is $3.75
B. The variable cost per unit is $14.50
C. The fixed cost per unit is $19.50
D. The total cost per unit is $14.50
E. None of these answer choices is correct.
Answers: 2
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Polka King Gifts had the following costs in March when 400 ceramic statues were produced: materials,...
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