COST ASSUMPTIONS SECTION #3: COSTS Instructions 1. Based on the elements listed in your cost structure (Activity 8) list your predicted fixed and variable costs 2. Then, head to the bottom of the spreadsheet and do the cost per unit calculation for year 1, based on the revenue stream analysis FIXED COSTS Costs that remain constant in total, regardless of the level of production or sales Item Monthly Cost Yearly Cost Space Rent $500 $6,000 Marketing $50.0 $600.0