A baker bought flour and other ingredients for $250.00, spent $52.00 on distribution, sold the bread for $320.00. the value added by the baker is?
- $302.00
- $52.00
-
$18.00
- $622.00
The correct answer is: C
Explanation
floor = $250
distribution cost = $52
250 + 52 = 302
selling price $320 - $302 = $18