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A company enters into a contract to sell 50 products to a customer for $30 each. After the company transfers 30 of the 50 products,
A company enters into a contract to sell 50 products to a customer for $30 each. After the company transfers 30 of the 50 products, the customer wants an additional 25 products. The contract is modified and the additional 25 products are priced at $15 each, a price that is not reflective of the standalone selling price. What is the price per product for the remaining 45 products (20 products from the original contract and 25 products from the modification)? $30 for the remaining 20 products from the original contract and $15 for the additional 25 products from the modification. $22.50, the blended price for the remaining products. $21.67, the blended price for the products from the original contract and the modification. O $15, the price for the products specified in the contract modification. Calculate.
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Solution Based on the information you provided the correct answer is 2167 the blended price for the products from the original contract and the modification To calculate this you need to apply the gui...Get Instant Access to Expert-Tailored Solutions
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