Dakota, Inc. is a merchandiser of medallions. The company sold 16,000 units during the year. The...
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Dakota, Inc. is a merchandiser of medallions. The company sold 16,000 units during the year. The company has provided the following information: Sales Revenue Purchases (excluding Freight In) Selling and Administrative Expenses Freight In Beginning Merchandise Inventory Ending Merchandise Inventory What is the unit cost per item sold? (Round your answer to the nearest cent.) ⒸA. $23.00 B. $19.56 C. $16.36 D. $19.79 $557,000 300,000 67,000 13,000 55,000 51,300 Dakota, Inc. is a merchandiser of medallions. The company sold 16,000 units during the year. The company has provided the following information: Sales Revenue Purchases (excluding Freight In) Selling and Administrative Expenses Freight In Beginning Merchandise Inventory Ending Merchandise Inventory What is the unit cost per item sold? (Round your answer to the nearest cent.) ⒸA. $23.00 B. $19.56 C. $16.36 D. $19.79 $557,000 300,000 67,000 13,000 55,000 51,300
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Related Book For
Fundamental Accounting Principles
ISBN: 978-0078110870
20th Edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
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