Use the Table Below to Answer the Following Questions) -Calculate the Total Profit

question 30

Multiple Choice

Use the table below to answer the following questions) .
Below is the profit model spreadsheet for the Lazarus Shoe Company producing their latest model of shoes for the month of January. $\begin{array}{|l|l|}\hline \begin{array}{l}\text { Profit Model for Lazarus } \\\text { Shoe Company for } \\\text { Tanuary }\end{array} & \text { All cost in } \$ \text { ) } \\\hline & \\\hline \text { Unit Price } & 47 \\\hline \text { Unit Cost } & 22 \\\hline \text { Fixed Cost for Production } & 350,000 \\\hline \text { Demand } & 40,000 \\\hline & \\\hline \text { Model } & \\\hline & \\\hline \text { Unit Price } & 47 \\\hline \text { Quantity Sold } & 38,000 \\\hline \text { Revenue } & \\\hline & \\\hline \text { Unit Cost } & 22 \\\hline \text { Quantity Produced } & 38,000 \\\hline \text { Variable Cost } & \\\hline \text { Fixed Cost } & 350,000 \\\hline & \\\hline \text { Profit } &\\\hline\end{array}$
-Calculate the total profit.

• A) $600,000
• B) $1,436,000
• C) $836,000
• D) $1,786,000

---

Definitions:

Online Dispute Resolution

The use of technology and the internet to facilitate the resolution of disputes between parties, often without requiring physical presence in a courtroom.

International Scope

Pertaining or relating to activities, considerations, or effects that cross national boundaries or encompass multiple countries.

Judicial Review

The power of courts to assess the constitutionality of legislative acts and governmental actions, and invalidate them if found unconstitutional.

Congressional Enactment

The process through which the U.S. Congress passes legislation into law.