Forever Quilting Is a Small Company That Makes Quilting Kits

question 154

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 total $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:

Benefits System

A structured approach an organization uses to administer employees' non-wage compensations, such as health insurance, retirement plans, and other perks.

Bill C-6

Specific legislation or proposed law within a jurisdiction, and without more context, could refer to various bills depending on the country and legislative session.

Personal Health Information

Any data related to an individual's health status, provision of health care, or payment for health care that can be linked to a specific person.

Bizarre Behaviour

Actions or conduct that is significantly out of the ordinary and unconventional.