pots) Ponchard, a chain of candy stores, purchases it's candy in bulk. In a recent shipment, Ponchard received 149,240 candies for $13,500. The candy is broken into two groups. One group of 44,550 pieces that will sell for $0.15 each and the rest that will sell for $0.41 each. Using this information, how much profit will Ponchard record for each candy they sell from the first group? Please round your calculations to the nearest penny! O $0.06 O $0.11 O $0.30 O $0.04

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter21: Supply Chains And Working Capital Management
Section: Chapter Questions
Problem 5P: A chain of appliance stores, APP Corporation, purchases inventory with a net price of 500,000 each...
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ponts) Ponchard, a chain of candy stores, purchases it's candy in bulk. In a recent shipment, Ponchard
received 149,240 candies for $13,500. The candy is broken into two groups. One group of 44,550 pieces
that will sell for $0.15 each and the rest that will sell for $0.41 each. Using this information, how much profit
will Ponchard record for each candy they sell from the first group? Please round your calculations to the
nearest penny!
O $0.06
O $0.11
O $0.30
O $0.04
Transcribed Image Text:ponts) Ponchard, a chain of candy stores, purchases it's candy in bulk. In a recent shipment, Ponchard received 149,240 candies for $13,500. The candy is broken into two groups. One group of 44,550 pieces that will sell for $0.15 each and the rest that will sell for $0.41 each. Using this information, how much profit will Ponchard record for each candy they sell from the first group? Please round your calculations to the nearest penny! O $0.06 O $0.11 O $0.30 O $0.04
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