QwikStore has generated their daily sales records on the results of selling their 20 oz. "Awesome Drink" across the last 400 days. What is the expected value of "Awesome Drinks"? Number Sold of "Awesome Drinks" Number of Days 75 120 125 80 400 50 75 100 125 Total OA) 22.50 OB) 110 O C) 325 OD) 88.13 O E) 1.00

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PRINTER VERSION CALCULATOR 1 BACK NEX Problem 3-35 (Part Level Submission) Sandhill Company produces a molded briefcase that is distributed to luggage stores. The following operating data for the current year has been accumulated for planning purposes. $41.17 Sales price Variable cost of goods sold Variable selling expenses Variable administrative expenses 13.17 11.77 4.17 Annual fixed expenses $15,600,000 3,100,000 6,500,000 Overhead Selling expenses Administrative expenses Sandhill can produce 3,000,000 cases a year. The projected net income for the coming year is expected to be $3,600,000. Sandhill is subject to a 40% income tax rate. During the planning sessions, Sandhill's managers have been reviewing costs and expenses. They estimate that the company's variable cost of goods sold will increase 15% in the coming year and that fixed administrative expenses will increase by $300,000. All other costs and expenses are expected to remain the same.