Samson Inc. reported the following information for the year 2015: How much was the unit cost per service?
A)$1.56
B)$3.20
C)$2.25
D)$3.81

Question

Samson Inc. reported the following information for the year 2015:  How much was the unit cost per service?
A)$1.56 
B)$3.20 
C)$2.25 
D)$3.81

Quizplus · Accepted Answer

The unit cost per service can be calculated by dividing the total cost of services provided ($45,000) by the total number of services provided (20,000).

Unit Cost per Service = Total Cost ÷ Total Services Provided 
Unit Cost per Service = $45,000 ÷ 20,000 
Unit Cost per Service = $2.25

Therefore, the best choice is C, $2.25.