Which of the following costs would be a fixed cost for Carl; a confectionery manufacturer?

a. Sugar

b. Supervisors salary

c. Electricity costs

d. Hourly paid wages

ABC Ltd. makes a television table that sells for $60 per unit. It has variable costs of $20 per unit and incurs fixed costs of $110,000 per period.

Create the mathematical model that represents the problem

a. P= 20X- 60 110,000 X

b. P= 60X- 110,000 20 X

c. P= 20x- 110,000- 60 X

d. P= 60 X- 110,000X- 20