Question
Edna's Chocolates had planned to sell chocolate - covered strawberries for $ 3.00 each . Due to various factors , the actual price was $
Edna'sChocolateshadplannedtosellchocolate-coveredstrawberriesfor$3.00each.Duetovariousfactors,theactualpricewas$2.75. Edna'swasabletosell1,000morestrawberriesthantheanticipated4,000.Whatis(1)thequantityfactorand (2)thepricefactorforsales?
| a. | (1) $(4,000) (2) $(3,000) |
| b. | (1) $3,000, (2) $(3,000) |
| c. | (1) $3,000, (2) $(1,250) |
| d. | (1) $1,250, (2) $3,000 |
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Financial Accounting
Authors: W. Steve Albrecht, James D. Stice, Earl K. Stice
10th edition
324645570, 978-0324645576
