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Lady_Fox [76]
3 years ago
7

For a luxury doughnut producer the average selling price is £2. The average variable cost is 40% of the selling price and its fi

xed cost per day is £300. Calculate total costs per day assuming it produces 400 doughnuts per day.
Mathematics
1 answer:
Cerrena [4.2K]3 years ago
6 0

Answer:

620

Step-by-step explanation:

selling 400 doughnuts means selling 800 £ worth of doughnuts. 800 x 0.4 ( to find 40 percent) = 320, + 300 because the the fixed cost = 620. :)

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