Intermediate Accounting: Reporting And Analysis
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN: 9781337788281
Author: James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher: Cengage Learning
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Question

What was the sales price per unit?

Hyuga Traders reported the following financial data for August: Cost of Goods Sold (COGS) = $84,000 Gross Margin = $36,000 ➤ Units Sold = 12,000 What was the sales price per unit? Answer: $10
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Transcribed Image Text:Hyuga Traders reported the following financial data for August: Cost of Goods Sold (COGS) = $84,000 Gross Margin = $36,000 ➤ Units Sold = 12,000 What was the sales price per unit? Answer: $10
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