Crabapples Inc. purchases and sells dry fruit boxes. The following information summarizes its operating activities for 2015:Selling Expenses$9,375Inventory on December 31, 201532,500Inventory on January 1, 201546,875Purchases of merchandise84,375Rent for store12,500Sales commissions7,031Sales revenue168,750If Crabapples sold 5,000 boxes of dry fruits during the year, what is the cost per box of dry fruits?A) $72.28B) $32.75C) $10.55D) $19.75
