The following data are available from the accounting records of Suwanee Co. for the month ended May 31, 2012. 17,000 units were manufactured and sold during the accounting period at a price of $60 per unit. There was no beginning inventories and all units were completed (no work in process).
Definitions:
Bladder
A hollow organ in the lower abdomen that stores urine from the kidneys before disposal by urination.
Nephron
The fundamental unit of structure and function in the kidney, tasked with purifying blood and generating urine.
Metabolism
The set of life-sustaining chemical reactions in organisms that enable the conversion of food to energy, the construction of proteins and nucleic acids, and the elimination of nitrogenous wastes.
Lasix
A diuretic medication used to treat fluid build-up and swelling caused by congestive heart failure, liver disease, or kidney disease.
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