Answer :
Answer:
Lauren's accountant Lauren earned a profit $1000
Explanation:
given data
total revenue = $111,000
rent on restaurant = $48,000
labor costs = $43,000
variable costs = $19,000
to find out
we consider Lauren's accountant, Lauren
a) earn profit of $1000 b) earn profit of $111,000
c) total cost equal to $91000 d) incurred loss of $1000
solution
we get first total cost that is
total cost = Rent + Labor cost + variable costs ...............1
put here value
total cost = $48,000 + $ 43,000 + $19,000
total cost = $110,000
and Total Profit will be here
Total Profit = Total Revenue - Total Cost .................2
put here value
Total Profit = $111,000 - $110,000
Total Profit = $1,000
so that To Lauren's accountant Lauren earned a profit $1000
so correct option is a) earn profit of $1000