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Market Based Pricing Mega Mattress incurs the following costs: Variable Costs: Fixed Costs: $150/mattress $20,000 The company estimated the following scenarios for sales for the
Market Based Pricing Mega Mattress incurs the following costs: Variable Costs: Fixed Costs: $150/mattress $20,000 The company estimated the following scenarios for sales for the month: Scenario Selling Price Quantity Sold Total Sales 1 $400 250 $100,000 234 $500 190 $95,000 $600 140 $84,000 $700 125 $87,500 What are the total variable costs in the first scenario? SUBMIT
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