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.

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Definitions:

Waxy Cell Wall

A waxy cell wall is characteristic of plant cells and some microorganisms, providing a protective, waterproof layer.

Mycoplasma

A genus of bacteria that lack a cell wall, making them resistant to many common antibiotics and causing various diseases in humans and animals.

Peptidoglycan

A polymer that makes up the cell walls of most bacteria, consisting of sugars and amino acids, and provides structural strength to the bacterial cell wall.

Cell Walls

Rigid or semi-rigid structures surrounding the cell membrane of plants, fungi, and some bacteria, providing shape, support, and protection.