Ships Ahoy Is a Small Company That Makes Model Sailboat

Ships Ahoy is a small company that makes model sailboat kits priced at $120 each.(There is no quantity discount.) The costs of the materials that go into each kit are $45.It costs $5 in labour to assemble a kit.The company has monthly expenses of $1,000 for rent and insurance,$200 for heat and electricity,$500 for advertising in sailing and hobby magazines,and $3,500 for the monthly salary of its owner.If Ships Ahoy sells 150 kits in a given month,its monthly profit will be:

A) $5,300.
B) $10,500.
C) $12,700.
D) $12,800.

Correct Answer:

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Access For Free