Question

Wally's Interior Design sells curtains. The selling price of a set of curtains is $1006 and...

Wally's Interior Design sells curtains. The selling price of a set of curtains is $1006 and the variable (flexible) costs per set of curtains is $449. The Total Fixed Cost for the store are $85496 What is the stores total profit when 200 sets of curtains are sold? (round to whole dollar, no decimals)

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Answer #1

Answer : Total profit $25,904

Sales = 200 * $1006 = $201,200

Less: Variable cost 200 * $449    = $89,800

Contribution                                   = 111,400

Less: Fixed cost                            = $85,496

Total profit                                     = $25,904

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