Question: Maverick Makeup Studio provides makeup for events and generates approximately $50 per customer in revenue. The studio's costs are as follows: Annual Fixed Costs: Rent

Maverick Makeup Studio provides makeup for events and generates approximately $50 per customer in revenue. The studio's costs are as follows: Annual Fixed Costs: Rent $20,000 Utilities 15,000 Other costs 5,000 Total Fixed Costs $40,000 Variable costs: Direct Material $5 Direct Labour 13 Other costs 2 Total Variable Costs $20 per customer

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