Question 9 (3 points) Jaspreet processes and bottles tomato sauce in her home-based business. Her fixed costs are $1,550 per year and the variable cost per jar is $2.40. She sells the jam to local grocery stores for $7.74 each. If she would like a Profit this year of $2,100, what must her Total Revenue be this year? State your answer accurate to 2 decimal places.

Question 9 (3 points) Jaspreet processes and bottles tomato sauce in her home-based business. Her fixed costs are $1,550 per year and the variable cost per jar is $2.40. She sells the jam to local grocery stores for $7.74 each. If she would like a Profit this year of $2,100, what must her Total Revenue be this year? State your answer accurate to 2 decimal places.

Financial Accounting Intro Concepts Meth/Uses

14th Edition

ISBN:9781285595047

Author:Weil

Publisher:Weil

ChapterA: Appendix - Time Value Of Cash Flows: Compound Interest Concepts And Applications

Section: Chapter Questions

Problem 33P

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