Question: Using the information from the table below, compute factory profits for the business, assuming a mark-up of 25%. Description of cost Repairs to factory equipment

 Using the information from the table below, compute factory profits for

Using the information from the table below, compute factory profits for the business, assuming a mark-up of 25%. Description of cost Repairs to factory equipment Raw materials used Net work-in-progress Factory rent Wages for factory security guard Direct expenses $ 9,400 104,000 (3,500) 42,000 15,000 78,300 Select one: a. $41,725 O b. $32,950 c. $58,950 d. $61,300

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