Answer:
- <em>1. Morty's total cost for the items he purchased was </em><u><em>$210</em></u>
- <em>2. Morty's revenue from the sale of the items was </em><u><em>$547</em></u>
- <em>3. Morty's Total profit was </em><u><em>$337</em></u>
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Explanation:
The complete question is:
<em>Morty buys and sells computer parts. He bought two monitors for $25 each and later sold them for $88 each. He bought four cases for $15 each and later sold them for $24 each. He bought five memory modules for $20 each and later sold them for $55 each.</em>
<em />
- <em>Morty's total cost for the items he purchased was</em>
- <em>Morty's revenue from the sale of the items was</em>
- <em>Morty's Total profit was </em>
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<h2><em>Solution</em></h2>
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<u><em>1. Morty's total cost for the items he purchased was</em></u>
<em />
Build a table with the number of parts and their costs:
Component         Amout    Unit cost  Total cost
                                                $                 $
Monitors                2             25                50
Cases                     4             15                 60
Memory                  5             20               100
Total cost = $50 + $60 + $100 = $210
<u><em>2. Morty's revenue from the sale of the items was</em></u>
<em />
Build a table with the number of parts and their selling prices:
Component         Amout    Unit price  Total cost
                                                $                 $
Monitors                2              88               176
Cases                     4              24                96
Memory                  5             55              275
Total revenue: $176 + $96 + $275 = $547
<u><em>3. Morty's Total profit was </em></u>
<em />
The total profit is the total revenue less the total cost: $547 - $210 = $337.