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

heres the revenue and expenses for the month. calculate whether mia had a profit or loss.\njanuary accounts\nrevenue fixed expenses variable expenses\ndog food $3,500 rent $2,000 newspaper ad $200\ncat food $2,100 salaries $2,000\npet treats $1,200 utilities $1,000\npet supplies $2,750 product stock $4,000\ntotal $9,550 total $9,000 total $200\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.\njanuary accounts\nrevenue fixed expenses variable expenses\ndog food $3,500 rent $2,000 newspaper ad $200\ncat food $2,100 salaries $2,000\npet treats $1,200 utilities $1,000\npet supplies $2,750 product stock $4,000\ntotal $9,550 total $9,000 total $200\nenter mias total profit/loss for the month in the box below, then click submit.

Answer

Explanation:

Step1: Calculate total expenses

Total expenses = Fixed expenses + Variable expenses. Fixed expenses are $9000$ and variable expenses are $200$, so total expenses = $9000 + 200=9200$.

Step2: Calculate profit or loss

Profit/Loss = Revenue - Total expenses. Revenue is $9550$ and total expenses are $9200$, so Profit/Loss = $9550-9200 = 350$.

Answer:

$350$