oscar2005
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8. Shelby owns a small gift shop in a tourist town in Devon. She has the following costs in the
month of May.
Rent £2,225
Wages £800
Salaries £1,500
Stock purchase £950
Calculate her total fixed costs. (don't forget to include £ sign. You do not need to write pence in
your answer​

Respuesta :

Samawati

Answer:

£3,725

Explanation:

Fixed costs do not change throughout a financial period. They remain constant regardless of the level business output.  A business must incur fixed costs as long as it remains open.

From the list provided, fixed costs are

  • Rent  £2,225
  • Salaries  £,1,500

Total fixed costs will be  £2,225 +£,1,500

= £3,725

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