Wha Question 13 of 13 - /10 View Policies Current Attempt in Progress The production cost information for Pharoah's Salsa is as follows: Pharoah's Salsa Production Costs April 2020 21,000 Production Jars of Salsa Ingredient cost (variable) $14,700 Labor cost (variable) 8,400 Rent (fixed) 4,300 Depreciation (fixed) 7,200 Other (fixed) 1,300 Total $35,900 The company is currently producing and selling 315,000 jars of salsa annually. The jars sell for $8.00 each. The company is considering lowering the price to $7.20. Suppose this action will increase sales to 357,000 jars. (a) What is the incremental cost associated with producing an extra 42,000 jars of salsa? Incremental Cost $ e Textbook and Media Save for Later Attempts: 0 of 1 used Submit Answer (b ) What is the incremental revenue with the reduction cost? The parts of this question must be completed in order. This part will be available when you complete the part above. (c ) Should they lower the price of salsa? The parts of this question must be completed in order. This part will be available when you complete the part above