Anna produces custom decorated handbags in San Francisco. She buys 50 plain handbags at $10 each and embellishes them with beads and paints and sells all of them for $40 each at a fair. It costs her $5 each for paint and beads. What was her total revenue and COGS (without labor) ?
A) $2,000; $250
B) $3,000; $500
C) $2,000; $750
D) $500; $250
Correct Answer:
Verified
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