Question

Scenario 13-10 Jessica makes photo frames. She spends $5 on the materials for each photo frame. She can create one photo frame in an hour. She earns $10 per hour at a part-time job at the local coffee shop. She can sell a photo frame for $30 each. Refer to Scenario 13-10. An accountant would calculate the total cost for one photo frame to be: a. $5. b.$10. c. $15. d. $25.

Answer 1

Answer:

Option D is correct.

$25

Explanation:

An accountant would calculate the total cost for one photo frame to be $25

Accounting profit = Sale price - cost spent on materials

= 30 - 5

= $25