Question 19.A.4: Rearrange the following data in a marginal cost format. Annu...

Rearrange the following data in a marginal cost format.
Annual rent £3000; direct labour £20 000; direct material £10 000; sales £75 000; staff salaries £47 000.

 

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£000 £000
75
Sales
Less: variable costs

Direct material

10

Direct labour

\underline{20} \underline{30}
45
Less: fixed costs

Staff salaries

47

Rent

\underline{3} \underline{50}
Loss \underline{\underline{(5)}}

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