Based upon the following data, determine the cost of merchandise sold for April.
Definitions:
Pricing
The process of determining the value that will be charged for goods or services.
Production Lines
The arrangement or sequence of machinery and equipment in a factory where a product is assembled progressively through various stages of production.
Short-Run Marginal Cost
The increase in cost incurred from producing one additional unit of a good or service in the short term, when some inputs or resources are fixed.
Swing Shift
A work shift that typically occurs in the afternoon and evening hours, bridging the gap between day and night shifts.
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