Ganga manufacturing company's Management Accountant wants to determine the profit for the company.  The following information has been collected: Current Sales                                     $350,000 Variable Cost                                     $150,000 Breakeven Sales                                $300,000   What is the profit at the current sales level? Choose one from the following: A. $23,672 B. $20,000 C. $28,571 D. $38,627

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Pricing

Pricing is used as a term in finance and economics, pricing is the process of fixing a value for a product or a service. Pricing establishes a value for a product or service that the customer has to pay. A business can choose from different strategies while deciding to set prices.