3.3 Revenues, costs and profits

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Question 7

For an artisanal sourdough bakery, the average selling price of a loaf of bread is £4.50. The average variable cost is 30% of the selling price, and its fixed cost per day is £250.

Calculate the total costs per day assuming the bakery produces 200 loaves of bread per day.

[2]

3.3 Revenues, costs and profits

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24

Question 7

For an artisanal sourdough bakery, the average selling price of a loaf of bread is £4.50. The average variable cost is 30% of the selling price, and its fixed cost per day is £250.

Calculate the total costs per day assuming the bakery produces 200 loaves of bread per day.

[2]

3.3 Revenues, costs and profits

Question 7

3.3 Revenues, costs and profits Questions

3.3 Revenues, costs and profits

Question 7

3.3 Revenues, costs and profits Questions