Forever Quilting Is a Small Company That Makes Quilting Kits

question 137

Multiple Choice

Forever Quilting is a small company that makes quilting 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 labor to assemble a kit.The company has monthly expenses of $1,000 for rent and insurance,$200 for heat and electricity,$500 for advertising,and $4,500 for the monthly salary of its owner.Last month the company sold 150 kits.Forever Quilting's total revenue for the month was

• A) $4,300.
• B) $6,200.
• C) $7,500.
• D) $10,500.
• E) $18,000.

---

Definitions:

AWG Wiring

Wiring that is sized according to the American Wire Gauge standard, which determines the thickness of the wire based on a numerical scale.

Trailer Light Circuit

The electrical pathway that controls the lighting system on towed trailers, including tail lights and turn signals.

Gauge

An instrument or device for measuring the magnitude, amount, or contents of something, typically with a visual display of such information.

Power Line Carrier

A communication method that uses electrical distribution lines for transmitting data over long distances.