Brenda’s boards manufactures skateboards. each skateboard sells for $45 and includes the following expenses: $3 for the wheels and mounts, $1 for the plastic board, $1 for the paint, and $10 for the labor. what is the total revenue the company makes after selling 10 boards? $300 $350 $400 $450

$450 is the answer.

The total revenue the company earns after selling 10 boards is $450.

Further Explanation:

Total Revenue:

Total revenue refers to the total receipts or the income after selling the product.

Total profit:

Total profit refers to the amount subtracted by the total cost of the firm from the total revenue of the firm. Total profit is the excess of the total cost from the total revenue.  

Total cost:

Total cost refers to the cost of making the product which is being bear by the company or the owner of the firm. Total cost is the cost of making the product.

Total Revenue = Cost of selling one skateboard × Total number of skateboards

                         = $45 × 10

                         = $450

Therefore, Total Revenue is $450.

Thus, the total revenue the company earns after selling 10 skateboards is $450.

Learn More:

1. Revenue from property taxes  

2. Variable costing

3. Owning a car  

Answer Details:

Grade: High School

Chapter: Total profit

Subject: Accountancy

Keywords: Brenda’s Boards manufactures skateboards. Each skateboard sells for $45 and includes the following expenses: $3 for the wheels and mounts, $1 for the plastic board, $1 for the paint, and $10 for the labor. What is the total revenue the company makes after selling 10 boards? $300 $350 $400 $450.

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