Compute what variable cost per unit is

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Problem 1: Sales revenue is $250,000, fixed costs are $150,000, profit is $50,000, and sales price per unit is $25.00. Variable cost per unit is

Option 1: $5.00

Option 2: $10.00

Option 3: $20.00

Option 4: None of the above

Problem 2: Fixed costs are $80,000, profit required is $20,000, and variable costs are 50%. Sales revenue will have to be:

Option 1: $200,000

Option 2: $150,000

Option 3: $50,000

Option 4: None of the above

Reference no: EM132756054

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