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Crabapples,Inc What Is the Cost Per Box of Dry Fruits If

question 197

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Crabapples,Inc.purchases and sells boxes of dried fruit.The following information summarizes its operating activities for the year:  Selling Expenses $10,000 Merchandise Inventory on December 31 32,000 Merchandise Inventory on January 1 46,000 Purchases of merchandise 82,500 Rent for store 12,700 Sales commissions 7,100 Sales revenue 168,000\begin{array} { | l | r | } \hline \text { Selling Expenses } & \$ 10,000 \\\hline \text { Merchandise Inventory on December 31 } & 32,000 \\\hline \text { Merchandise Inventory on January 1 } & 46,000 \\\hline \text { Purchases of merchandise } & 82,500 \\\hline \text { Rent for store } & 12,700 \\\hline \text { Sales commissions } & 7,100 \\\hline \text { Sales revenue } & 168,000 \\\hline\end{array} What is the cost per box of dry fruits if Crabapples sold 4,000 boxes of dry fruit during the year? (Round your answer to the nearest cent. )

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Understand the importance and techniques of integrating action-oriented activities into nutrition education.

Definitions:

Inflation

Inflation is the rate at which the general level of prices for goods and services is rising, and, subsequently, eroding purchasing power.

Bondholders

Individuals or entities that hold the debt securities issued by corporations or governments, entitled to receive the bond's interest payments and the return of principal.

Tax Deductible

Expenses that can be subtracted from gross income to reduce the total amount of income on which tax is assessed.

Bankruptcy

A court-managed method enabling individuals or companies that are unable to pay off their debts to pursue reprieve for either a portion or the entirety of what they owe.

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