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Ivanhoe's sells two products, a pepper relish with a selling price of $4.20 and a variable cost per jar of $1.90 and a blackberry marmalade
Ivanhoe's sells two products, a pepper relish with a selling price of $4.20 and a variable cost per jar of $1.90 and a blackberry marmalade with a selling price of $4.20 and a variable cost per jar of $1.80. Ivanhoe's expected sales are 1320 jars of pepper relish and 1980 jars of blackberry marmalade. Fixed expenses are $11236. At the expected sales level, Ivanhoe's net income will be $6138 O $(3448) O $13860
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