Chester Corp inventory revenue
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Chester Corp. ended the year carrying $20,657,000 worth of inventory. Had they sold their entire inventory at their current prices, how much more revenue would it have brought to Chester Corp.?
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$43,704,100
$32,615,000
$20,657,000
$11,369,000
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Solution Summary
How does contribution margin predicts revenues
Solution Preview
Assuming that the inventory is an even mixture of the company's products - cute, crimp, cake and cedar - just like the sales-mix ...
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