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Need help with that last section from accounting, Problem 13-9 (Part Level Submission) Grouper Company offers an MP3 download seven ge medley as premium or
Need help with that last section from accounting,
Problem 13-9 (Part Level Submission) Grouper Company offers an MP3 download seven ge medley as premium or every 5 candy bar wrappers presented by customers together with $3.10. The candy bars are sold by he company to distributors or 30 cents each. The purchase price of each download code to the company is $2.85. In addition, it costs 50 cents to distribute each code. The results of the premium plan for the years 2017 and 2018 are as fo lows. (All purchases and sales are for cash.) 2017 2018 MP3 codes purchased Candy bars sold Wrappers redeemed 2017 wrappers expected to be redeemed in 2018 2018 wrappers expected to be redeemed in 2019 320,000 422,400 2,664,700 2,554,300 1,536,000 1,920,000 371,200 448,000Step by Step Solution
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