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3. Lewis Edibles, Inc. is a small manufacturer of barbecue sauce. Variable cost for a pint of the barbecue sauce is $1.21. Fixed cost for

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3. Lewis Edibles, Inc. is a small manufacturer of barbecue sauce. Variable cost for a pint of the barbecue sauce is $1.21. Fixed cost for the operation is $12,500. If a target profit of $4,000 is sought on an a volume of 3,000 jars, what is the per pint jar price (rounded to the nearest quarter)

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