Answered: Amanda's Auto Center sells an oil…

Amanda's Auto Center sells an oil change for $39.95. The company has expenses of $12 for Samantha's labor and $22.75 for parts (oil and filter). What is the company's profit on the oil change?

SWFT Comprehensive Vol 2020

43rd Edition

ISBN:9780357391723

Author:Maloney

Publisher:Maloney

Chapter5: Gross Income: Exclusions

Section: Chapter Questions

Problem 11DQ

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Amanda's Auto Center sells an oil change for $39.95. The company has expenses of $12 for Samantha's labor and $22.75 for parts (oil and filter). What is the company's profit on the oil change?

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