For a custom skateboard workshop, the average selling price of a complete skateboard is £124. The average variable cost is 35% of the selling price, and its fixed cost per day is £420.
Calculate the total costs per day assuming the workshop produces 15 skateboards per day.
19 exam-style questions on Edexcel A A Level Economics 3.3.2 Costs. Each one has a worked solution and a mark scheme showing where the marks go.