Kenwood Electronics Corporation Kenwood Electronics Corporation manufactures and sells FM radios. Information on the prior year's operations (sales and production Model A1) is presented below:
Refer to Kenwood Electronics Corporation. The Model B2 radio is currently in production and it renders the Model A1 radio obsolete. If the remaining 500 units of the Model A1 radio are to be sold through regular channels, what is the minimum price the company would accept for the radios?
A) $30
B) $27
C) $18
D) $4
Correct Answer:
Verified
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