Can someone answers this please
1 answer:
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Answer:
$1500
Step-by-step explanation:
It is given that
Rent = $100
Groceries and drinks = $1000
Insurance premiums = $10
Loan interest payment =$30
Clothes = $200
Utilities = $300
Home security fee = $200
Fixed cost are costs that does not vary and variable cost are costs that vary with goods and services.
In the given problem, rent , insurance premiums, loans interest payment ad home security fee are fixed cost.
Groceries and drinks, clothes and utilities are variable cost.
So, total variable cost for last month is
Therefore, total variable cost for last month is $1500.
Answer:
total profit=$607.278
Step-by-step explanation:
company's profit in 1985= $535 million
company's profit in 1990=$570 million
growth rate =
=
= 6.54 %
profit in year 1995 will be =
hence total profit= $570+$37.278
= $607.278