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

heres the revenue and expenses for the month. calculate whether mia had a profit or loss.\nmay accounts\nrevenue\ndog food $3,400\ncat food $2,600\npet treats $1,650\npet supplies $1,800\ntotal $9,450\nfixed expenses\nrent $2,000\nsalaries $2,000\nutilities $1,000\nproduct stock $4,000\ntotal $9,000\nvariable expenses\ntotal $0\nenter 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.\nmay accounts\nrevenue\ndog food $3,400\ncat food $2,600\npet treats $1,650\npet supplies $1,800\ntotal $9,450\nfixed expenses\nrent $2,000\nsalaries $2,000\nutilities $1,000\nproduct stock $4,000\ntotal $9,000\nvariable expenses\ntotal $0\nenter mias total profit/loss for the month in the box below, then click submit.

Answer

Explanation:

Step1: Recall profit - loss formula

Profit/Loss = Revenue - Total Expenses.

Step2: Calculate total expenses

Total Expenses = Fixed Expenses+Variable Expenses = $9000 + 0=$9000$.

Step3: Calculate profit/loss

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

Answer:

$450$