Blackbird,Incorporated reports the following information regarding its production cost:
a.Compute production cost per unit under variable costing.
b.Compute production cost per unit under absorption costing.
Definitions:
Marginal Revenue
The additional income received from selling one more unit of a good or service.
Expected Cost
The predicted amount of money that will be spent on a project or activity, taking into account various factors and possible changes.
Revenue Data
Information regarding the income generated by a business or organization from its operations.
Competitive Price-Taker
A firm or individual that has no control over the market price and must accept the prevailing price set by market supply and demand.
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