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Rebecca was a marketing assistant at a foot-wear company for 5 years and earned RM180,000 per year. In January 2019, she had decided to quit

  1. Rebecca was a marketing assistant at a foot-wear company for 5 years and earned RM180,000 per year. In January 2019, she had decided to quit her job and run her own foot-wear company using her RM500,000 personal savings that earned an interest of 5 percent per annum. She used RM7,500 per month to rent a shop-lot and hired 2 salespersons with salaries of RM2,500 each per month. Furthermore, she paid RM73,000 for the costs of set-up equipment and a total of RM18,000 for utilities during the year. At the end of the year 2019, she earned RM250,000 in totalrevenue.

  1. Categorize the components of fixed cost and variable cost from the abovescenario. (4marks)

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