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Barrington Products is a merchandiser that sells a single type of specialized industrial chemical. Barrington reported the following information for the year 2012: Sales revenue
Barrington Products is a merchandiser that sells a single type of specialized industrial chemical. Barrington reported the following information for the year 2012:
Sales revenue $280,000
Cost of goods sold $126,000
Operating expenses $135,000
Net income $19,000
Number of units sold 90,000
How much was the unit cost per unit of product sold?
(Please round to nearest cent.)
Your answer: | |
---|---|
$1.40 | |
$1.71 | |
$3.11 | |
$0.21 |
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