Business Studies – 4.4.1 Identify and classify costs | e-Consult
4.4.1 Identify and classify costs (1 questions)
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Answer:
Total variable costs = (Number of cakes x Variable cost per cake) + (Number of pastries x Variable cost per pastry) + (Number of loaves of bread x Variable cost per loaf of bread)
Total variable costs = (200 x £8) + (150 x £5) + (300 x £2)
Total variable costs = £1600 + £750 + £600
Total variable costs = £2950