During Its First Year of Operations, Forrest Company Paid $47,290

Multiple Choice

During its first year of operations, Forrest Company paid $47,290 for direct materials and $50,700 in wages for production workers. Lease payments, utility costs, and depreciation on factory equipment totaled $14,300. General, selling, and administrative expenses were $20,700. The average cost to produce one unit was $5.70. How many units were produced during the period?

A) 20,823
B) 19,700
C) 23,332
D) None of these.