Carlos crafts 150 artisanal birdhouses from his workshop. To create the birdhouses, he purchases wood and paint from a nearby hardware store for $4,000 and packaging materials for an additional $1,500. He employs a helper for $3,500 and sells the birdhouses to Nature Haven for $15,000. Calculate Value Added by Carlos?

Answer rating: 100% (QA)

The Value Added by Carlos is calculated by subtracting the cost of the r... View the full answer