Eastman, Inc., manufactures and sells three products: R, S, and T. In January, Eastman, Inc.,...
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Eastman, Inc., manufactures and sells three products: R, S, and T. In January, Eastman, Inc., budgeted sales of the following. At the end of the year, actual sales revenue for Product R and Product $ was $3,585,600 and $3,465,000, respectivaly. The actua price charged for Product R was $27 and for Product 5 was $22. Only $10 was charged for product T to encourage more consumers to buy it, and actual sales revenue equaled $418,000 for this product. Required
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