[Solved] Berry Farm Produces Organic Tomatoes and Strawberries

Question 286
Essay

Berry Farm produces organic tomatoes and strawberries.In June 2016,it transported 100 boxes of strawberries with a price of $20 per box to the Bay Farmers' Market.Berry Farm paid an upfront fee of $100 to present its products at the market for one week,and the market earns a 25% profit margin on each item sold,but Berry Farm is responsible for any items that remain unsold at the end of the week.
Required: The market was able to sell 65 boxes of strawberries to customers.How much
revenue should Berry Farm recognize with respect to this transaction?

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