1. You require 10 dollars of paper and 15 dollars of labor to make one boat and then sell that boat for 35 dollars. What is your profit from the sale? 2.If you sell two boats what is your total sales of two boats? A 25 dollars A 10 dollars B 30 dollars B 20 dollars C35 dollars C 25 dollars D 70 dollars D 35 dollars 3. What is your total cost of two boats? 4.What is your profit from the sale of two boats? A 10 dollars A 20 dollars B 40 dollars B 20 dollars C 25 dollars C 30 dollars D 50 dollars D 40 dollars 5.If you rent a room for 5000 dollars per month to run your operation, how much profit do you need from the sales to cover the whole room rent in the month? 6.How many boats do you need to sell to earn that profit? A 10 boats B 50 boats A 1000 dollars C 100 boats B 3000 dollars D 500 boats C 5000 dollars D 10000 dollars 7.After you cover the rent what is your remaining profit? 8.If you sell one extra boat after that what will be your net profit? A 0 dollars A O dollars B 10 dollars B 10 dollars C 50 dollars C 50 dollars D 100 dollars D 100 dollars 9. The sales price is 10. The cost of making the boats in this example is A Fixed A Fixed B Variable B Variable C Mixed C Mixed D Cannot be determine D Cannot be determined 11. The room rent is A Fixed B Variable C Mixed D Cannot be determined