Crabapples Inc If Crabapples Sold 5,000 Boxes of Dry Fruits During the Information

question 172

Multiple Choice

Crabapples Inc. purchases and sells dry fruit boxes. The following information summarizes its operating activities for 2015: $$\begin{array} { | l | r | } \hline \text { Selling Expenses } & \$ 9,375 \\\hline \text { Inventory on December 31,2015 } & 32,500 \\\hline \text { Inventory on January 1,2015 } & 46,875 \\\hline \text { Purchases of merchandise } & 84,375 \\\hline \text { Rent for store } & 12,500 \\\hline \text { Sales commissions } & 7,031 \\\hline \text { Sales revenue } & 168,750 \\\hline\end{array}$$ If Crabapples sold 5,000 boxes of dry fruits during the year, what is the cost per box of dry fruits?

• A) $72.28
• B) $32.75
• C) $10.55
• D) $19.75

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Definitions:

Epidemiological Study

Research aimed at examining the patterns, causes, and effects of health and disease conditions in defined populations.

Correlational Studies

Research methods that explore the relationship between two or more variables, without determining direct cause-and-effect relationships.

Case Studies

Case studies are in-depth investigations of a single person, group, event, or community over a specific period, used to explore cause and effect relationships in unique contexts.

Internal Validity

The extent to which a study can prove that the independent variable is the sole cause of changes in the dependent variable, minimizing the impact of confounding variables.