ABC operates a consignment shop where she sells clothes for women and children. The average number of consignments sold per month is 1,000. The average material cost and the selling price of each consignment are $8 and $20, respectively.
The monthly fixed costs to run this business are given below:
Rental cost: $750Utilities: $150Advertising: $35Insurance: $100Labor cost: $4,000
Using Excel spreadsheet / worksheet, determine Anna's profit. Attach excel solution.
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