Ben's Bagels charges $10 per dozen bagels and he sells 30 dozen bagels each day. Ben's costs of production total $150 each day. Ben recently quit his job where he earns $100 per day in order to open his bagel store. Ben's accounting profit per day would be

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Answer:

$150

Explanation:

The correct option for Ben's accounting profit per day would be A. $150

Amounting profit = Total Revenue - Total explicit cost

Total Revenue = 10 × 30

                         = 300 per day.

Total explicit cost = cost of production = 150

Amounting profit = 300 - 150

                            = $150 per day.

What are the 4 kinds of profits?

There are 4 levels of profits or profit margins: gross profit, operating profit, pre-tax profit, and net profit. Those are reflected on a company's profits statement in the following sequence: A business enterprise takes in sales revenue, then pays the direct cost of the services or products.

Conclusion: Profit is revenue minus expenses. For gross profit, you subtract some expenses. For net profit, you subtract all expenses. Gross profits and operating profits are steps on the road to net income.

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Ben's Bagels charges $10 per dozen bagels and he sells 30 dozen bagels each day. Ben's costs of production total $150 each day. Ben recently quit his job where he earns $100 per day in order to open his bagel store.

Ben's accounting profit per day would be _________

A. $150

B. $300

C. $50

D. $450

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