Multiple Choice
Diane is in business selling coffee mugs.Each mug sells for £4.50 and in the month of January 20X1 she sells 600 mugs.The cost to her of one mug is £2.75, and she had 320 in inventory on 1 January 20X1.On 31 January 20X1 her inventory level is 342. What is Diane's gross profit for the month of January 20X1?
A) £1011.50
B) £1650.00
C) £1088.50
D) £1050.00
Correct Answer:
Verified
Correct Answer:
Verified
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