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April 18, 2015

Homework Help: marketing

Posted by Eric on Thursday, April 12, 2012 at 10:38am.

Mark is trying to determine his firm's average cost per unit of production. He finds that the cost for all labor and materials is $80,000 and fixed overhead expenses are $40,000. If the company produces 20,000 items in the time period, the average cost is_____.

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