Question

Profit: $1,500Fixed costs:$5,000Variable costs: $14,500Revenue?

Answer 1

Given,

The cost of the profit is $1500.

The fixed cost is $5000.

The variable cost is $14500.

Required

The revenue cost of the object.

The revenue cost of the object is,

`\begin{gathered} Revenue\text{ = profit+fixed cost +variable cost} \\ =1500+5000+14500 \\ =21000 \end{gathered}`

Hence, the revenue cost is 21000.