heres the revenue and expenses for the month. calculate whether mia had a profit or loss. may accounts…

heres the revenue and expenses for the month. calculate whether mia had a profit or loss. may accounts revenue fixed expenses variable expenses dog food $3,400 rent $2,000 cat food $2,600 salaries $2,000 pet treats $1,650 utilities $1,000 pet supplies $1,800 product stock $4,000 total $9,450 total $9,000 total $0 enter mias total profit/loss for the month in the box below, then click submit.

heres the revenue and expenses for the month. calculate whether mia had a profit or loss. may accounts revenue fixed expenses variable expenses dog food $3,400 rent $2,000 cat food $2,600 salaries $2,000 pet treats $1,650 utilities $1,000 pet supplies $1,800 product stock $4,000 total $9,450 total $9,000 total $0 enter mias total profit/loss for the month in the box below, then click submit.

Answer

Explanation:

Step1: Recall profit - loss formula

Profit = Revenue - Total Expenses. Total Expenses = Fixed Expenses+Variable Expenses. Here, Variable Expenses = 0, Fixed Expenses = $9000$, Revenue = $9450$.

Step2: Calculate profit

Profit = $9450 - 9000$. $9450-9000 = 450$.

Answer:

$450$