QUESTION ABC Computer Company had the following information from the Income Statement. The company sold 200 computers (all the same model): Sales Cost of Goods Sold Total Expenses $160,000 80,000 20,000 What is the unit cost per item (computer)? ANSWER $500 $200 $400 $800 I DON'T KNOW YET

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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QUESTION
ABC Computer Company had the following information from the Income Statement.
The company sold 200 computers (all the same model):
Sales
Cost of Goods Sold
Total Expenses
$160,000
80,000
20,000
What is the unit cost per item (computer)?
ANSWER
$500
$200
$400
$800
I DON'T KNOW YET
Transcribed Image Text:QUESTION ABC Computer Company had the following information from the Income Statement. The company sold 200 computers (all the same model): Sales Cost of Goods Sold Total Expenses $160,000 80,000 20,000 What is the unit cost per item (computer)? ANSWER $500 $200 $400 $800 I DON'T KNOW YET
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