M.I.M.SHAKEEL
Production costs and revenue
M.I.M.SHAKEEL
Example: Millhouse training provides 4-day training
course for HGV drivers. In 2008 Millhouse training
attracted 200 drivers. They charge £900 for their
training course. Calculate following costs:
Fixed cost =
Variable cost =
Total cost =
Average cost =
Total revenue =
Profit / loss =