You and a friend decide to start a small business manufacturing clothing items. You rent a small room at the back of your friend's house and you have the following cost for the month: Fabric R5000,Tread R1350,Packaging R920, Rental R750,water and Electricity R400,wages for two workers at R120 per week, salary of your friend who manages the business during the day R2000, insurance of your equipment R550. What is the total variable cost for the month?

You and a friend decide to start a small business manufacturing clothing items. You rent a small room at the back of your friend's house and you have the following cost for the month: Fabric R5000,Tread R1350,Packaging R920, Rental R750,water and Electricity R400,wages for two workers at R120 per week, salary of your friend who manages the business during the day R2000, insurance of your equipment R550. What is the total variable cost for the month?

CONCEPTS IN FED.TAX.,2020-W/ACCESS

20th Edition

ISBN:9780357110362

Author:Murphy

Publisher:Murphy

Chapter16: Tax Research

Section: Chapter Questions

Problem 64DNC

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