Sheridan Beverages sells bottles of premium champagne. It currently costs $41 per bottle to produce each bottle of champagne. Sheridan has overhead costs of $2700 per month, and expects to incur this amount each month. Sheridan produced and sold 100 bottles of champagne last month and expects to continue this production and sales pattern for the rest of this current year. Its closest competitor currently sells its bottles of champagne at $75.00 per bottle. What is the lowest price that Sheridan could sell each bottle of champagne for to make a monthly operating profit? $75.00 $68.01 $65.01 O $78.00

Sheridan Beverages sells bottles of premium champagne. It currently costs $41 per bottle to produce each bottle of champagne. Sheridan has overhead costs of \$2700 per month, and expects to incur this amount each month. Sheridan produced and sold 100 bottles of champagne last month and expects to continue this production and sales pattern for the rest of this current year. Its closest competitor currently sells its bottles of champagne at $75.00 per bottle. What is the lowest price that Sheridan could sell each bottle of champagne for to make a monthly operating profit? $75.00 $68.01 $65.01 $78.00