Question
For a table manufacturing company, selling price for a table is $19.00 per Unit, Variable cost is $7.00 per Unit, labor charge is $2.00 per Unit, rent is $609.00 per month and transportation is $1 per tables. If 457.00 tables are sold in a month how much revenue company earns for that month?
Answers
GPT-4o mini
To calculate the revenue earned by the table manufacturing company, we can use the following formula:
\[
\text{Revenue} = \text{Selling Price per Unit} \times \text{Number of Units Sold}
\]
Given:
- Selling Price per Unit = $19.00
- Number of Units Sold = 457
Now, we can plug in the values:
\[
\text{Revenue} = 19.00 \times 457 = 8,693.00
\]
So, the revenue the company earns for that month is **$8,693.00**.
\[
\text{Revenue} = \text{Selling Price per Unit} \times \text{Number of Units Sold}
\]
Given:
- Selling Price per Unit = $19.00
- Number of Units Sold = 457
Now, we can plug in the values:
\[
\text{Revenue} = 19.00 \times 457 = 8,693.00
\]
So, the revenue the company earns for that month is **$8,693.00**.