Lakeshore can further process their Gelato to Premium Gelato. Gelato is currently selling for $6.50 per gallon and costs $2.25 per gallon to produce. Premium Gelato would sell for $8.75 per gallon and would require an additional cost of $2.75 per gallon to produce What is the differential revenue for producing Premium Gelato?

Answer rating: 100% (QA)

Scenario 1 Selling price 650 Less cost 225 Revenue ... View the full answer