ACC 350
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ACC-350 Final Exam 
TRISH DO 
 
1) Five Seasons is a merchandiser of packed foods. The company provides the following information for the year 2015: 
 
Sales Revenue	$140,000 
Cost of Goods Sold	$63,000 
Operating Expenses	$67,500 
Net Income	$9,500 
Number of Units Sold	27,000 
 
How much was the unit cost per unit of product sold? 
A) $3.14 
B) $5.18 
C) $2.33 
D) $0.82 
 
2) Jezebel Company incurred fixed costs of $300,000. Total costs, both fixed and variable, are $450,000 when 50,000 units ...
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ACC-350 Final Exam 
TRISH DO 
 
1) Five Seasons is a merchandiser of packed foods. The company provides the following information for the year 2015: 
 
Sales Revenue	$140,000 
Cost of Goods Sold	$63,000 
Operating Expenses	$67,500 
Net Income	$9,500 
Number of Units Sold	27,000 
 
How much was the unit cost per unit of product sold? 
A) $3.14 
B) $5.18 
C) $2.33 
D) $0.82 
 
2) Jezebel Company incurred fixed costs of $300,000. Total costs, both fixed and variable, are $450,000 when 50,000 units ...