Examlex

Solved

Crystal Inc What Is the Cost Per Unit Sold?
A) $20

question 86

Multiple Choice

Crystal Inc. is a merchandiser of stone ornaments. The company sold 15,000 units in 2015. The company has provided the following information:  Sales Revenue $557,000 Purchases (excluding freight in)  300,000 Selling and Administrative Expenses 69,000 Freight In 15,000 Beginning Merchandise Inventory 45,000 Ending Merchandise Inventory 55,700\begin{array} { | l | r | } \hline \text { Sales Revenue } & \$ 557,000 \\\hline \text { Purchases (excluding freight in) } & 300,000 \\\hline \text { Selling and Administrative Expenses } & 69,000 \\\hline \text { Freight In } & 15,000 \\\hline \text { Beginning Merchandise Inventory } & 45,000 \\\hline \text { Ending Merchandise Inventory } & 55,700 \\\hline\end{array} What is the cost per unit sold?

Recognize the role of the plasma membrane and cell membrane structures in cellular function.
Appreciate the significance of DNA transcription processes and genetic material handling within the cell.
Recognize the significance of cellular size, shape, and measurement units in biology.
Understand the processes involved in the intracellular transport and secretion of proteins.

Definitions:

Noncontrolling Interest

A minority stake in a corporation, representing less than half of the voting shares, and therefore not having control over the company.

Related Questions