ACME’s manufacturing costs for sets of horseshoes include a $12,450 initial outlay, and $20.75 per set. They can sell the sets $50. If profit is revenue from sales minus manufacturing costs, and the company producessells 950 sets of horseshoes, what was their profit?  Choose one:  A) $15300  B) $14300  C) $15337.50  D) $16300  E) $15800
Total Manufacturing cost = 12,450+950*20.75 = 32162.5   Total Selling cost = 950*50= 
<gadget id="calculator">950*50</gadget>
<output>47_500</output>
47500   Profit= 47500-32162.50= 
<gadget id="calculator">47500-32162.50</gadget>
<output>15_337.5</output>
15337.50   Answer : $15337.50
<result>C</result>
ACME’s manufacturing costs for sets of horseshoes include a $12,450 initial outlay, and $20.75 per set. They can sell the sets $50. If profit is revenue from sales minus manufacturing costs, and the company producessells 950 sets of horseshoes, what was their profit?