READING
20 EXTENSION ACTIVITIES
1. Use the figures in Illustration 20b to construct a pie graph showing
Joslin's fixed and variable costs.
Joslin's
Costs of Doing Business
(one month's
costs)
| Rent |
$ 1,600 |
| Utilities (electricity, phone, and so forth) |
453.56 |
| Insurance |
342.00 |
| Lease payment for cash register |
88.50 |
| Cost of goods sold |
8,600.00 |
| Advertising fee paid to the mall |
200.00 |
| Joslin's salary (she has hired no help) |
1,450.00 |
| Cost of cleaning service paid to the mall |
240.00 |
| Paper, postage, and other supplies |
143.39 |
| Depreciation on investment in equipment |
245.00 |
| Total |
$13,362.45 |
Illustration 20b |
2. Use the data collected for Activity 77 to
construct a pie graph that shows the variable and fixed costs for a submarine
sandwich shop. |
