Profit calculation worksheet

Each production unit $($paper airplane$)$ that meets quality criteria will be purchased for $$2\mathrm{.}50.$ Defective products will be valued at $$0.$ Raw materials $($paper$)$ cost $$1\mathrm{.}00$ per unit. Production equipment $($box$)$ costs $$25\mathrm{.}00$ rental. Each team member will be paid $$5\mathrm{.}00$ in labor cost. $q,$

Revenue

$$ acceptable units @ $$2\mathrm{.}50$

Expenses

Raw material costs:

$$ units of raw material @ $$1\mathrm{.}00($include defective units$)$ q$,$

Equipment cost

Labor costs:

$$ team members @ $$5\mathrm{.}00$ each $$

Total Expenses $q,$

$q,$

Profit $($Loss$)$

$($Revenue minus expenses$)$