Refer to the Stealth Software Inc -If the Software Had a Sales Price of $30 Per

Refer to the Stealth Software Inc. information below.
Stealth Software Inc.
Stealth Software Inc. has the following information available from last year for one of its software products:
$\begin{array}{lr}\text { Sales revenue } & \$ 30000 \\\text { Variable costs } & 4950 \\\text { Fixed costs } & 4000 \\\text { Net income } & \$ 21050\end{array}$
-If the software had a sales price of $30 per unit,what is the variable cost per unit?

A) $165.00
B) $ .20
C) $ 25.05
D) $ 4.95

Correct Answer:

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Access For Free