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 | |