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