A company sells a batch of 419 items for $57 each. Theitems cost $23 to make at a fixed expense of $5,984 perbatch. How much profit does the company make on theitems?Question 42 ptsA company sells items that have a variable expense of $68,

Answer: Profit = $ 8,262Explanation:1. Model:i) Profit = Revenue - Costii) Revenue = price × number of itemsiv) Cost = variable cost + fixed expense2. Solutioni) Revenue = $ 57 / item × 419 itemsii) Cost = $ 23 / item × 419 items + $5,984iii) Profit = $ 57×419 - ($23×419 + $5,985)     Profit = $ 23,883 - ($ 9637 + $ 5,984) = $ 23,883 - $ 15,621     Profit = $ 8,262 ← answer