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Business, 20.01.2021 15:10 carlo123

Calculate the profit or loss in each case below: (a) Fixed costs: £9000 rent, £4000 insurance
Variable costs: £4500 wages, £500 delivery costs and £4000 in raw materials
Sales revenue: 1,500 units expected to sell at £25 each

(b) Fixed costs are £26,000 per year, and variable costs include wages at £10 per
unit, raw materials at £12 per unit and delivery/packaging at £3 per unit. It is expected that a business will make and sell 750 units during the year, with
a selling price of £26.

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Answers: 3

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Calculate the profit or loss in each case below: (a) Fixed costs: £9000 rent, £4000 insurance
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