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Sun's Shoe Shop has these costs: Shoes; Rent for the shop; Shipping and Commissions. Sun sells the Shoes for S15apr. Management has prepared the following

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Sun's Shoe Shop has these costs: Shoes; Rent for the shop; Shipping and Commissions. Sun sells the Shoes for S15apr. Management has prepared the following estimated Cost Information for next month: Assume that all of the activity levels mentioned in this problem are within the relevant range. (Hint: you will need to use Hi/Lo for the one Mixed Cost included) Required: SHOW YOUR WORK Calculate the Total Variable Costs if (800) Shoes are sold next month; and Calculate the Total Fixed Costs. ( 6 marks) (Hint.... Use Hi-Lo for (1) cost)

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