LMN Corporation produces and sells widgets. They sell widgets by the box for $80 per box. It costs them $2000 per month for rent, utilities, and equipment at their widget production facility. They pay one of their managers an extra $850 a month to oversee widget production on top of her regular duties. It costs $7 for raw materials and $16 in labor to produce each box of widgets.

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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LMN Corporation produces and sells widgets. They sell widgets by the
box for $80 per box. It costs them $2000 per month for rent, utilities, and
equipment at their widget production facility. They pay one of their
managers an extra $850 a month to oversee widget production on top of
her regular duties. It costs $7 for raw materials and $16 in labor to
produce each box of widgets.
Transcribed Image Text:LMN Corporation produces and sells widgets. They sell widgets by the box for $80 per box. It costs them $2000 per month for rent, utilities, and equipment at their widget production facility. They pay one of their managers an extra $850 a month to oversee widget production on top of her regular duties. It costs $7 for raw materials and $16 in labor to produce each box of widgets.
What is LMN Corporation's profit (in dollars) if they sell 150 boxes of widgets? (Type
the number in the space below.)
Transcribed Image Text:What is LMN Corporation's profit (in dollars) if they sell 150 boxes of widgets? (Type the number in the space below.)
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