Urban Company reports the following information regarding its production cost: 
Compute production cost per unit under variable costing.
Definitions:
Prices
The amount of money required to purchase a good or service, often determined by supply and demand dynamics.
Consumer Sovereignty
The determination by consumers of the types and quantities of goods and services that will be produced with the scarce resources of the economy; consumers’ direction of production through their dollar votes.
Legislation
Laws or legal statutes passed by a legislative body, governing body, or the process of enacting laws.
Market System
An economic system in which decisions regarding investment, production, and distribution are guided by the price signals created by the forces of supply and demand.
Q45: A company's history indicates that 20% of
Q122: A company's product sells at $12 per
Q132: The contribution margin per unit expressed as
Q141: Budget preparation is best done in a
Q151: An internal report that helps management analyze
Q157: Which of the following is not a
Q172: Assuming a bottom-up process of budget development,which
Q194: The following information is available for a
Q202: During its first year of operations,the McCormick
Q222: A visual line fit to points in