Question
steve wade is a painter and decorator. he operates as a sole trader. he bases his pricing on the costs he has to pay on
steve wade is a painter and decorator. he operates as a sole trader. he bases his pricing on the costs he has to pay on an average job. he estimates the variable cost per day at 75 which includes the fuel he uses in his vehicle, the cost of paint, sandpaper, wallpaper and adhesive. his fixed costs include insurance, the cost of the van that he runs, administration and advertising. he estimates the fixed costs to be 1 500 each month. he charges customers 200 per day. if steve does 15 days work in march, what will his total costs be for the month? select one answer: a 1 125 b 2500 c2 625 d 3 000
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