Multiple Choice
Forever Quilting is a small company that makes quilting kits priced at $120 each.(There is no quantity discount.) The costs of the materials that go into each kit are $45.It costs $5 in labor to assemble a kit.The company has monthly expenses of $1,000 for rent and insurance, $200 for heat and electricity, $500 for advertising, and $4,500 for the monthly salary of its owner.Last month the company sold 150 kits.Forever Quilting's total revenue for the month was
A) $3,500.
B) $6,750.
C) $7,500.
D) $10,500.
E) $18,000.
Correct Answer:

Verified
Correct Answer:
Verified
Q22: What is it called when a manufacturer
Q23: Target return-on-sales pricing refers to<br>A)adjusting the price
Q27: To promote their business, some psychics advertise
Q28: FIGURE 12-4 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4418/.jpg" alt="FIGURE 12-4
Q29: competition-oriented approaches.<br>A)cost-oriented<br>B)cause-oriented<br>C)revenue-oriented<br>D)reduced risk-oriented<br>E)multi-pricing oriented
Q30: The price equation formula is final price
Q31: FIGURE 12-7 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4418/.jpg" alt="FIGURE 12-7
Q155: Marketing managers often use break-even analysis to
Q264: Resale price maintenance was declared illegal in
Q272: What are the two general methods for