Question

A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: selling price $144, units in beginning inventory 0. What is the selling price per unit of the product?

1) $144
2) $0
3) Cannot be determined
4) Not enough information provided

Answer 1

A manufacturing company that produces a single product with its most recent month of operations: selling price $144, the selling price per unit of the product is 3) Cannot be determined

Step-by-step explanation:

To determine the selling price per unit of the product, we use the provided information:

Selling price: $144

Units in beginning inventory: 0
The selling price per unit of the product is simply the selling price divided by the number of units.

Mathematically, we can represent this as:

Selling price per unit = Selling price / Units in beginning inventory

In this case, since the units in beginning inventory are 0, we have:

Selling price per unit = $144 / 0

However, dividing by 0 is undefined, so the selling price per unit cannot be determined.

The correct answer is 3) Cannot be determined