Use the information below to answer the following questions.
Sales Extraordinaire sells one particular photo frame. It estimates that it can sell as many frames as it produces. $\begin{array}{lr}
\text { Sales price per unit } & \$ 6.00 \
\text { Variable cost per unit } & \$ 3.00 \
\text { Fixed costs per annum } & \$ 9,000
\end{array}$
-Refer to the table above. The sale of 6,000 photo frames would result in:

Question

Quizplus · Accepted Answer

The profit can be calculated using the formula: Profit = (Sales price per unit - Variable cost per unit) * Quantity sold - Fixed costs. Here, Profit = ($6 - $3) * 6000 - $9000 = $18,000 - $9000 = $9,000.

Use the Information Below to Answer the Following Questions -Refer to the Table Above