A home cleaning service has fixed monthly expenses of $1,276.00, and a monthly profit of $4,135.00. Determine how much revenue i

Question

2 years ago

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A home cleaning service has fixed monthly expenses of $1,276.00, and a monthly profit of $4,135.00. Determine how much revenue i

s earned for the month if 61 homes are cleaned with variable expenses of $6.45 per home.
$1,276.00
$2,465.55
$2,859.45
$5,804.45

Mathematics

1 answer:

IrinaVladis [17] · Answer 1 · 2024-02-12T05:31:55+03:00

The revenue earned is

R=$5804.45. Option D

This is further explained below.

<h3>What is Revenue?</h3>

Generally, Revenue is the entire amount of money earned through the sale of products and services connected to the principal activities of the firm. In accounting, revenue refers to the total amount of income generated.

The term "commercial income" is synonymous with "sales" and "turnover" in the business world. Interest, royalties, and many other fees may all be sources of income for certain businesses.

In conclusion, the equation for Revenue is mathematically given as

R=Profit + expenses

R=4135+((61*6.45)+1276)

R=$5804.45