View the step-by-step solution to:

Question

# You are running a business that sells office supplies. Your monthly lease on the space is \$3600.This past

week, you sold 820 rulers for \$1.25 each (they cost you \$0.25 each), 900 reams of paper at for \$7.99 per ream (they cost you \$4 each), 172 computers at an average price of \$674.99 (your cost: \$497), and 86 printers at an average price of \$109.95 (your cost: \$89).

Over the course of this week, you paid 4 part-time employees \$8 per hour, and they each worked 20 hours. You also pay a full-time manager, who is on salary, \$41,600 per annum.

As it was back-to-school time, you ran a special flyer that cost you \$1700 to print and deliver. Your electricity bill averages out to \$758.33 per month, and you also employ the services of an accountant four times a year to manage books and do taxes, at a cost of \$5400 per year.

What are your total variable costs for the week?

### Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

• ### -

Study Documents

Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

Browse Documents