Is -11.16 a fraction or a mixed number
2 answers:
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Answer:
The month profit is $2600
Step-by-step explanation:
To calculate the month profit, let's calculate the total sales income in a month then we substract the total cost in the same month.
Total Sales Income per Month:
Assuming that the businessman sells all the production in a month, then, he sold:
Total Costs per Month:
Total Costs = Costs of production + Explicit cost
For the production costs, let's start knowing that, make 50 units expenses him 8 hours per day, but, if he doesn't do that or contracted it, he could earn $10 per hour, however, considering that he is the producer, that costs him $80 per day equivalent to $2400 per month, as follows:
As we know, the explicit costs in a month are $10000, so, Total Costs are:
Total Cost per month = $2400 + $10000 = $12400
Finally, for the month profit, we have: Profit = Sales Income - Total Costs
Profit per month = $15000 - $12400 = $2600
In other terms, he's earning 17% of his total sales. ()