Problema Solution
Companies often sell products at or below cost in order to draw in and retain customers. Redman Manufacturers is tracking 5 items from last month's sales. On item #1 they make $15; item #2 loses $4; item #3 makes $9; item #4 loses $6 and item #5 makes $12. Last month's sales are as follows:
Item #1: 90 units sold
Item #2: 103 units sold
Item #3: 78 units sold
Item #4: 45 units sold
Item #5: 164 units sold
Write, simplify, and calculate the profit loss for the month.
Answer provided by our tutors
90*15 - 103*4 + 78*9 - 45*6 + 164*12 = $3,338
the profit for the month is $3,338.