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Leah Berry is entering her senior year as an accounting major and has a number of options for her summer break. Her options for the 3-month break follow: (1)        Work full time at a local accounting firm making $3,400 per month. (2)        Take a summer class which will cost $200 per month and work half time making $2,500 per month. (3)        Take two classes at a cost of $1,200 and not work at all during the summer.               Leah’s incremental revenue if she chooses option 1 over option 2 would be     $900 per month.     $800 per month.     $700 per month.     $3,400 per month.     $1,000 per month

Leah Berry is entering her senior year as an accounting major and has a number of options for her summer break. Her options for the 3-month break follow: (1)        Work full time at a local accounting firm making $3,400 per month. (2)        Take a summer class which will cost $200 per month and work half time making $2,500 per month. (3)        Take two classes at a cost of $1,200 and not work at all during the summer.               Leah’s incremental revenue if she chooses option 1 over option 2 would be     $900 per month.     $800 per month.     $700 per month.     $3,400 per month.     $1,000 per month

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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  Leah Berry is entering her senior year as an accounting major and has a number of options for her summer break. Her options for the 3-month break follow:

(1)        Work full time at a local accounting firm making $3,400 per month.

(2)        Take a summer class which will cost $200 per month and work half time making $2,500 per month.

(3)        Take two classes at a cost of $1,200 and not work at all during the summer.

 

            Leah’s incremental revenue if she chooses option 1 over option 2 would be

   

$900 per month.
   

$800 per month.
   

$700 per month.
   

$3,400 per month.
   

$1,000 per month.
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