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Scholastic Tours is trying to decide which one of two tours it will introduce. The costs and revenues associated with each alternative are listed
Scholastic Tours is trying to decide which one of two tours it will introduce. The costs and revenues associated with each alternative are listed below: Eastern Western Tour Projected revenue $16,000 Tour $19,000 Variable costs 3,000 8,000 Fixed costs Profit 4,000 4,000 $ 9,000 $7,000 What are the incremental (differential) costs of the Western Tour? Multiple Choice $3,000. $4,000. $5,000. None of these answers are correct.
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