Final answer:
To calculate the profit for Kevin Watson Designers, multiply the number of coffee tables by the profit per table and the number of bookcases by the profit per bookcase, then add the results to get the total profit.
Step-by-step explanation:
The question asks us to calculate the profit earned by Kevin Watson Designers after producing 5 coffee tables and 3 bookcases. To find this, we need to multiply the quantity of each item with its respective profit and sum them up. Each coffee table nets a profit of $12, so for 5 tables, the profit is 5 tables × $12/table = $60. Each bookcase yields a profit of $22, so for 3 bookcases, the profit is 3 bookcases × $22/bookcase = $66. Adding these, the firm's total profit is $60 (for coffee tables) + $66 (for bookcases) = $126.