Samson,Inc.reported the following information for the year: $$\begin{array} { | l | r | }
\hline \text { Service Revenue } & \$ 60,000 \
\hline \text { Operating Expenses } & 21,000 \
\hline \text { Net Income } & 39,000 \
\hline \text { Number of Services Provided for the Year } & 10,500 \
\hline
\end{array}$$ How much was the unit cost per service? (Round your answer to the nearest cent.)
A)$5.71
B)$3.71
C)$2.00
D)$7.71

Question

Samson,Inc.reported the following information for the year: $$\begin{array} { | l | r | } 
\hline \text { Service Revenue } & \$ 60,000 \
\hline \text { Operating Expenses } & 21,000 \
\hline \text { Net Income } & 39,000 \
\hline \text { Number of Services Provided for the Year } & 10,500 \
\hline
\end{array}$$ How much was the unit cost per service? (Round your answer to the nearest cent.)
A)$5.71
B)$3.71
C)$2.00
D)$7.71

Quizplus · Accepted Answer

The unit cost per service is calculated by dividing the total operating expenses by the number of services provided: $21,000 / 10,500 = $2.00.

Samson,Inc How Much Was the Unit Cost Per Service? (Round Your