Question

DeWalt, a tool manufacturer, has clients in three segments: 6,600 DIYers, 3,700 Hobbyists, and 1,250 contractors. DeWalt makes the following in revenue from each segment monthly: $325, $225, and $500, respectively. What is the total monthly revenue generated by DeWalt from these three segments?

Answer 1

To find the total monthly revenue generated by DeWalt from the three segments, we need to multiply the number of clients in each segment by their respective revenue amounts and then sum the results. The total monthly revenue is $3,602,500.

Step-by-step explanation:

To calculate the total monthly revenue generated by DeWalt from the three segments, we need to multiply the number of clients in each segment by their respective revenue amounts and then sum the results. Let's calculate:

1. 
   
3. DIYers: 6,600 clients x $325 revenue = $2,145,000
4. 
   
6. Hobbyists: 3,700 clients x $225 revenue = $832,500
7. 
   
9. Contractors: 1,250 clients x $500 revenue = $625,000

To find the total monthly revenue, we add the results from the three segments: $2,145,000 + $832,500 + $625,000 = $3,602,500.