Question

I neeeeeeeeeeeeeeeeeeddddddddddddddd helpppp

A company sells each product they make for $90.00. They pay $2,300.00 in monthly costs, such as rent and bills, as well as $75.00 in manufacturing costs per unit. If the company sold 495 units last month, what was their total profit?
A.
$34,825.00
B.
$6,610.00
C.
$42,175.00
D.
$5,125.00

Answer 1

Option D

Explanation:

Given the following question:

Product costs: $90
Monthly bills: $2,300
Manufacturing costs: $75

How much profit did they make in one month if they sold 495 units?

In order to find the answer, we first need to multiply the cost of the product by the units sold last month, then subtract the bills/manufacturing costs.

One unit = 90 dollars
495 units sold last month


`90*495=44550`

`=44550`

The company made 44,550 from the product last month.

Now apply the fees/costs:
2,300 dollars in monthly costs
75 dollars in manufacturing costs PER UNIT


`44550-2300=42250`

`75*495=37125`

`42250-37125=5125`

`=5125`

Which means the company made a total profit of "$5,125 dollars" or option D last month.

Hope this helps.