Given the following for your flower shop: (refer to slides # 14 and 15)

Annual Expenses:

Salaries: $ 35,000 Hourly labor: $10.00

Flowers: $7.00 Gas: $2,000

Rent: $14,800 Advertising: $1,800

Insurance: $3,000 Utilities: $ 2,400

Supplies: $ 3.00

Total Fixed Costs: Total Var. Costs:

Fixed Costs per unit: Variable Cost per unit