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19 October, 02:53

Bauer Supply had total cost of goods sold of $1,400 with 140 units available for sales. What was the average cost per unit?

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  1. 19 October, 04:37
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    Average cost per unit = $10

    Explanation:

    Bauer supply had total cost of goods sold of $1400 with 140 units available for sales. This simply means the worth/cost of goods available for sale is $1400 and the number of goods available for sale is 140 units.

    The average cost per unit simply implies the cost of each unit as related to the total worth/cost ($1400) and the number of units available.

    Mathematically,

    Average cost = Total cost/number of unit available

    Average cost = 1400/140

    Average cost = $10

    The average cost per unit is $10
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