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Question - Angels Beauty Box specializes in curling cream for natural hair. The following data was gathered for the last three years.
Total cost of production
Volume
Year 1
13500
700
Year 2
15,100
900
Year 3
18,300
1100
Required - What is the best estimate of the company's variable cost per unit for the period?
a. $20
b. $4
c. $17
d. $12
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