Kentucky,Inc If the Company Sold 7,000 Units of Widgets During the Activities

question 89

Multiple Choice

Kentucky,Inc.purchases and sells widgets.The following information summarizes the company's operating activities for the year: $$\begin{array} { | l | r | } \hline \text { Selling and Administrative Expenses } & \$ 5,300 \\\hline \text { Purchases } & 156,000 \\\hline \text { Sales Revenue } & 783,000 \\\hline \text { Merchandise Inventory, January 1 } & 2,300 \\\hline \text { Merchandise Inventory, December 31 } & 38,800 \\\hline\end{array}$$
If the company sold 7,000 units of widgets during the year,how much is the cost for one widget? (Round your answer to the nearest cent.)

• A) $22.29
• B) $17.07
• C) $22.61
• D) $5.87

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Definitions:

Pansexuality

An orientation characterized by potential aesthetic attraction, romantic love, or sexual desire towards people regardless of their sex or gender identity.

Bisexuality

A sexual orientation characterized by the potential for emotional, romantic, or sexual attraction to more than one gender.

Homosexuality

A sexual orientation characterized by a romantic or sexual attraction to individuals of the same sex.

Responsible Non-monogamy

A consensual relationship structure where parties agree to engage in multiple romantic or sexual relationships, with an emphasis on honesty and communication.