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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 Tour Projected revenue $9,000 $10,000 Variable costs Fixed costs 2,000 2,000 5,000 2,000 Profit $5,000 $ 3,000 What are the incremental (differential) costs of the Western Tour? Multiple Choice $1,000 $2,000 $3,000 None of these answers are correct.
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