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Dakota,Inc What Is the Unit Cost Per Item Sold? (Round Your

question 44

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Dakota,Inc.is a merchandiser of medallions.The company sold 15,100 units during the year.The company has provided the following information:  Sales Revenue $558,000 Purchases (excluding Freight In)  280,000 Selling and Administrative Expenses 66,000 Freight In 13,000 Beginning Merchandise Inventory 52,000 Ending Merchandise Inventory 54,900\begin{array} { | l | r | } \hline \text { Sales Revenue } & \$ 558,000 \\\hline \text { Purchases (excluding Freight In) } & 280,000 \\\hline \text { Selling and Administrative Expenses } & 66,000 \\\hline \text { Freight In } & 13,000 \\\hline \text { Beginning Merchandise Inventory } & 52,000 \\\hline \text { Ending Merchandise Inventory } & 54,900 \\\hline\end{array} What is the unit cost per item sold? (Round your answer to the nearest cent.)


Definitions:

Caudal

Relating to the tail or posterior part of the body.

Axillary Border

The edge of the scapula closest to the armpit, significant in anatomy for muscle attachment.

Infraspinatus

A thick triangular muscle located on the back of the shoulder blade (scapula) which is responsible for the lateral rotation of the arm at the shoulder.

Teres Major

A muscle of the upper limb that acts on the shoulder joint, assisting in the rotation and adduction of the arm.

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