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Find the differential revenue of producing

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Question - Grace Co. can further process Product B to produce Product C. Product B is currently selling for $22 per pound and costs $15 per pound to produce. Product C would sell for $38 per pound and would require an additional cost of $8 per pound to produce. Find the differential revenue of producing and selling Product C?

a. $38 per pound

b. $30 per pound

c. $23 per pound

d. $16 per pound

Reference no: EM132591524

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