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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 below:
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 Projected revenue Variable costs Fixed costs Profit Tour $8,000 1,000 4,000 $3,000 Western Tour $11,000 6,000 4,000 $1,000 What are the incremental (differential) costs of the Western Tour? Multiple Choice $5,000 0 $3,000 0 $4,000 0 None of these
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