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H3Ko H3Ko
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7 years ago
Five Seasons is a merchandiser of packed foods. The company provides the following information for the year:

Sales Revenue   $145,000
Cost of Goods Sold   64,000
Operating Expenses   67,000
Net Income   14,000
Number of Units Sold   29,000

How much was the unit cost per item of product sold? (Round your answer to the nearest cent.)
A) $5.00
B) $100.48
C) $2.21
D) $4.52
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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Mrgo-breedMrgo-breed
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H3Ko Author
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#2
7 years ago
I just realized you had posted this! Thanks so much
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7 years ago
Happy to help Smiling Face with Open Mouth
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#4
5 years ago
thanks
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3 years ago
Thanks bro
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#6
3 years ago
thank you
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