A textbook publisher produces a textbook for $25 per book and sells 160 books to the Campus Bookstore for $50 per unit. The bookstore sells the textbook new for $75 and used for $60. This edition of the book is used for 2 years (4 semesters). The book-store sells all textbooks that it has at the beginning each semester, and it repurchases 50% of those at the end of each semester for $30. What is the sales income over the life of this 160-unit lot of textbooks? OA $16,800 OB. $11,600 OC.$11,900 D. $14,000 E. None of the given answers are correct.

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter17: Activity Resource Usage Model And Tactical Decision Making
Section: Chapter Questions
Problem 6E: Elliott, Inc., has four salaried clerks to process purchase orders. Each clerk is paid a salary of...
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A textbook publisher produces a textbook for $25 per book and sells 160 books to the Campus Bookstore for $50 per unit. The bookstore sells
the textbook new for $75 and used for $60. This edition of the book is used for 2 years (4 semesters). The book-store sells all textbooks that it
has at the beginning each semester, and it repurchases 50% of those at the end of each semester for $30.
What is the sales income over the life of this 160-unit lot of textbooks?
A $16,800
OB. $11,600
OC.$11,900
OD. $14,000
E. None of the given answers are correct.
Transcribed Image Text:A textbook publisher produces a textbook for $25 per book and sells 160 books to the Campus Bookstore for $50 per unit. The bookstore sells the textbook new for $75 and used for $60. This edition of the book is used for 2 years (4 semesters). The book-store sells all textbooks that it has at the beginning each semester, and it repurchases 50% of those at the end of each semester for $30. What is the sales income over the life of this 160-unit lot of textbooks? A $16,800 OB. $11,600 OC.$11,900 OD. $14,000 E. None of the given answers are correct.
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