Question | Answer |
| Selling price per unit is £50
|
| They sell 1,000,000 units per year
| | They pay £15,000 rent per year
| | They pay £5,000 per utility bills per year
| | They pay £100 insurance per year
| | They pay £10,000 transport per year
| | It costs £1 to build one unit
| | It costs £1 for decoration of the clock
| | Delivery costs £15
| | Post and packaging costs £10
| | There are 10 workers
| | They work 25 hours a week
| | They get £4 per hour
| | They work 51 weeks a year
| | They pay 15% tax off the net profit
| | Calculate net profit before you calculate the tax
| | calculate the amount of profit earned after they have paid tax
| | Advertising costs £1,000 per month |