Georgie provides a service where she teaches yoga to people through Zoom. She works from a small rented studio, for which she pays £200 per month. She also pays a further £50 per month to advertise on a health and fitness website. She has no other costs to pay. Georgie charges £30 per hour for lessons and teaches for 60 hours each month. Calculate Georgie’s monthly fixed cost Calculate Georgie’s monthly revenue Calculate Georgie’s monthly profit State and explain one way in which Georgie might be able to increase her monthly profit State and explain one potential problem or weakness with this method

Georgie provides a service where she teaches yoga to people through Zoom. She works from a small rented studio, for which she pays £200 per month. She also pays a further £50 per month to advertise on a health and fitness website. She has no other costs to pay. Georgie charges £30 per hour for lessons and teaches for 60 hours each month. Calculate Georgie’s monthly fixed cost Calculate Georgie’s monthly revenue Calculate Georgie’s monthly profit State and explain one way in which Georgie might be able to increase her monthly profit State and explain one potential problem or weakness with this method

SWFT Essntl Tax Individ/Bus Entities 2020

23rd Edition

ISBN:9780357391266

Author:Nellen

Publisher:Nellen

Chapter11: Individuals As Employees And Proprietors

Section: Chapter Questions

Problem 21P

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