View the step-by-step solution to:


JoPacks sold 500 backpacks in September. Total variable costs were $7,500, total fixed costs were $10,000, and

profit was $4,000. If JP sold 1,000 backpacks, what would their profit be?

Group of answer choices




Need more information to answer.

Top Answer

Let me explain the... View the full answer

Sign up to view the full answer

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question