A company enters into a contract to sell 70 products to a customer for $80 each. After the company transfers 30 of the 70 products,
A company enters into a contract to sell 70 products to a customer for $80 each. After the company transfers 30 of the 70 products, the customer orders an additional 25 products. The contract is modified, and the additional 25 products are priced at $40 each. What is the price per product for the remaining 65 products (40 products from the original contract and 25 products from the modification)?
a. $80 for the remaining 40 from the original contract and $40 for the additional 25 products from the modification.
b. $60, the average of the prices for the remaining products.
c. $40, the new price for the products specified in the contract modification.
d. $64.62, the blended price for the products from the original contract and the modification.
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According to the question Contract price for first 7o procuct 80 each 3D after delivesing 30 por...
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Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak
8th Canadian Edition
1119502551, 1-119-50255-5, 978-1119502555
