Evanston Manufacturing,Inc What Was the Unit Product Cost? (Round Your Answer to |

question 163

Multiple Choice

Evanston Manufacturing,Inc.reported the following information for the year: $$\begin{array} { | l | r | } \hline \text { Number of Units Produced } & 153,000 \\\hline \text { Number of Units Sold } & 62,000 \\\hline \text { Cost of Goods Manufactured } & \$ 268,000 \\\hline \text { Cost of Goods Sold } & 52,600 \\\hline \text { Sales Revenue } & 132,000 \\\hline \text { Gross Profit } & 73,520 \\\hline \text { Operating Expense } & 727,000 \\\hline\end{array}$$
What was the unit product cost? (Round your answer to the nearest cent.)

• A) $4.32
• B) $0.86
• C) $0.85
• D) $1.75

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Definitions:

Figure-Ground Separation

The ability to distinguish an object (the figure) from its background (the ground).

Bottom-Up

An approach or processing that starts with smaller, detailed information and leads to a broader understanding or conclusion.

Incoming Stimulus

An external or internal event or signal that elicits a response from an organism or system.

Reversible And Ambiguous

Reversible and ambiguous refers to visual or linguistic stimuli that can be interpreted in multiple valid ways, often used in psychological studies of perception.