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Compute the incremental cost of producing product p

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Reference no: EM133061098

Question - Hill Co. can further process Product O to produce Product P. Product O is currently selling for $60 per pound and costs $42 per pound to produce. Product P would sell for $82 per pound and would require an additional cost of $13 per pound to produce.

Required -

1. Compute the incremental revenue of producing Product P?

2. Compute the incremental cost of producing Product P?

3. Compute the incremental income of producing Product P?

Reference no: EM133061098

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