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What is the variance for total variable cost

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Problem 1: Assume that the variable cost per unit standard cost per unit and that daily break-even level of units = amount actually purchased. If the actual cost per unit at the time of purchase increases 10%, what is the variance for total variable cost? Is financial impact positive or negative?

Average selling price for manufacturer's product = $5.00
Daily Break-even level [units] = 10,000
Variable cost per unit = $0.50

Reference no: EM132983190

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