Forever Quilting is a small company that makes quilting kits priced at $120 each.There is no quantity discount.The costs of the materials that go into each kit are $45.It costs $5 in labor to assemble a kit.The company has monthly expenses of $1,000 for rent and insurance,$200 for heat and electricity,$500 for advertising,and $4,500 for the monthly salary of its owner.Last month the company sold 150 kits.Forever Quilting's total revenue for the month was
A) $4,300.
B) $6,200.
C) $7,500.
D) $10,500.
E) $18,000.
Correct Answer:
Verified
Q167: Walmart uses which pricing strategy that affects
Q180: manufacturing company that introduces a product must
Q182: Q182: There are a lot of skateboards on Q183: average amount of money received for selling Q185: Which of the following illustrates a shift Q186: Campbell Soup spent seven years and $55 Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents