Question: Please help me solve this general accounting problem with the correct financial process. Elite Bags Co. currently sells 12,000 premium leather bags per year at

Please help me solve this general accounting problem with the correct financial process.

Elite Bags Co. currently sells 12,000 premium leather bags per year at an ave rage price of $150 each. The company is considering introducing a budget bag priced at $90. It estimates it could sell 5,000 budget bags, but doing so would result in a decline of 1,500 premium bag sales. What is the total sales revenue that should be considered when evaluating the addition of the budget bag line? a. $2,025,000 b. $1,815,000 c. $1,350,000 d. $1,650,000 e. $2,325,000

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