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

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Definitions:

Vested Interest

Having a personal stake or concern in an outcome that typically leads to biased decision-making.

Attitude Domain

The range of beliefs, feelings, and behavioral intentions toward a particular object, person, or subject.

Resistance to Change

The reluctance or refusal to adapt to changes in one's environment or way of doing things.

Mock Jurors

Individuals who are used in a simulated court case for the purpose of research, training, or to predict the outcome of a real trial.