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Question | Answer |
selling price per unit £30 | |
they sell 35,000 units per year | |
they rent a factory for £20,000 | |
utilities bills are £10,000 | |
insurance costs £800 per year | |
transport costs £15,000 a year | |
the football boot materials cost £8 per pair | |
the boot studs and laces cost £8.50 per pair | |
the packaging and postage costs £3.50 | |
there are 3 workers in the shop | |
each worker works 15 hours per week | |
each worker earns £7.50 an hour | |
each worker works 48 weeks per year | |
the business also has to pay 25% of the net profit | |
you calculate the amount of net profit and before they have to pay tax | |
you calculate the amount of profit earned after paid tax | |
advertising costs £2350 |