Nicholas, Inc. has provided the following unit data for review: Simple Product...
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Accounting
- Nicholas, Inc. has provided the following unit data for review:
Simple Product Advanced Product
Selling price $22.75 $55.00
Variable cost 10.00 34.50
Pounds of scarce raw material per unit 3 5
Which product, Simple or Advanced, is most profitable for Nicholas, Inc. to manufacture?
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