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Betty is a baker who owns a small bakery called Pie in the Sky that sells cherry pies. She has been debating adding new pies
Betty is a baker who owns a small bakery called Pie in the Sky that sells cherry pies. She has been debating adding new pies into her
offerings, including blackberry and apple. Betty is preparing a budgeted income statement for April so she can compare budgeted net
income, when selling just cherry pies, to budgeted net income when selling other types of pies as well. She has decided that she will be
able to sell the pies for the following prices: Cherry, $; Blackberry, $; and Apple, $ Betty will be able to produce pies a
month regardless of what kinds of pies she chooses to bake and sell. The pies have the following costs associated with them:
Betty took out a $ loan with an Annual Percentage Rate APR of to begin her business, and she will have a flat tax rate of
Her monthly fixed selling, general, and administrative SG&A expenses include the following:
If Betty decides to sell cherry pies and each both blackberry and apple, then what would her budgeted gross revenue be for April?
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