Evanston Manufacturing Company Reported the Following Information for the Year

question 106

Multiple Choice

Evanston Manufacturing Company reported the following information for the year 2015: $$\begin{array} { | l | r | } \hline \text { Number of Units Produced } & 4,800 \\\hline \text { Number of Units Sold } & 5,250 \\\hline \text { Cost of Goods Manufactured } & \$ 460,800 \\\hline \text { Cost of Goods Sold } & \$ 488,250 \\\hline \text { Sales Revenue } & \$ 1,260,000 \\\hline \text { Gross Profit } & \$ 771,750 \\\hline \text { Operating Expense } & \$ 724,900 \\\hline\end{array}$$ What was the unit product cost?

• A) $87.77
• B) $262.50
• C) $93.00
• D) $96.00

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Definitions:

British Empire

A global empire composed of colonies, protectorates, mandates, and other territories ruled or administered by the United Kingdom, notable for being the largest empire in history.

Joseph Galloway

A loyalist politician, lawyer, and writer in the American Colonies, who served as a delegate to the First Continental Congress but later maintained his loyalty to the British crown during the American Revolution.

John Adams

The second President of the United States, known for his role in the American Revolution and as a Founding Father.

George Washington

The first President of the United States, serving from 1789 to 1797, and a key leader during the American Revolutionary War.