A Business Owner Makes 50 Items a Day

Multiple Choice

A business owner makes 50 items a day.Each day he/she contributes 8 hours to produce those items.If hired,elsewhere he/she could have earned $10 an hour.The item sells for $10 each.Production does not stop during weekends.If the explicit costs total $10,000 for 30 days,the accounting profit for the month equals:

A) $1,760
B) $2,240
C) $11,760
D) $5,000