Answer:
Average lease cost per unit = $26.41 per unit (Approx)
Explanation:
Given:
Lease cost = $697,200
Sales volume = 26,400 units in a month
Find:
Average lease cost per unit = ?
Computation:
⇒ Average lease cost per unit = Lease cost / Sales volume
⇒ Average lease cost per unit = $697,200 / 26,400 units
⇒ Average lease cost per unit = $26.4090 per unit
⇒ Average lease cost per unit = $26.41 per unit (Approx)