Lauren runs a chili restaurant in san francisco. her total revenue last year equaled $111,000. the rent on her restaurant totaled $48,000. her labor costs totaled $43,000. her materials, food and other variable costs totaled $19,000. to lauren's accountant, lauren

Lauren's accountant Lauren earned a profit $1000

Explanation:

given data

total revenue = $111,000

rent on restaurant = $48,000

labor costs = $43,000

variable costs = $19,000

to find out

we consider Lauren's accountant, Lauren

a) earn profit of $1000  b) earn profit of $111,000

c) total cost equal to $91000 d) incurred loss of $1000

solution

we get first total cost that is

total cost = Rent + Labor cost + variable costs     1

put here value

total cost =  $48,000 + $ 43,000 + $19,000

total cost =  $110,000

and Total Profit will be here

Total Profit = Total Revenue - Total Cost     2

put here value

Total Profit =  $111,000 - $110,000

Total Profit =  $1,000

so that To Lauren's accountant Lauren earned a profit $1000

so correct option is a) earn profit of $1000

answer is a

explanation: