A fiRm Is Reviewing a Project with Labour Cost of €8.90

question 6

Multiple Choice

A firm is reviewing a project with labour cost of €8.90 per unit, raw materials cost of €21.63 a unit, and fixed costs of €8,000 a month.Sales are projected at 10,000 units over the three-month life of
The project.What are the total variable costs of the project?

• A)€216,300
• B)€297,300
• C)€305,300
• D)€313,300
• E)€329,300

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Definitions:

Kickstarter

A crowdfunding platform where creators present projects to the public to raise capital from a wide audience of backers.

Crowdfunding Site

An online platform where individuals or businesses can raise funds for their projects or ventures from a large number of people.

Indiegogo

An international crowdfunding platform where people can raise funds for creative projects, products, or startups.

Lending Model

A crowdfunding model where funds are offered as loans with the expectation that the money will be repaid with interest.