Please complete the fixed and variable cost Word Doc included in the Chapter 4 module and upload the file to this assignments. MUST include USAIIRD for fixed cost and any possible variable costs for your business. Remember to include labor in your variable cost. Salaries are fixed, labor is variable depending on how many products you make etc.

1. Explain the Nature/Type of business the fixed and variable costs are for...
2. Total Monthly Fixed Cost and Variable Cost and Total cost for both. Is there strong "seasonality" to your business? Why or why not?
3. Calculate the breakeven amount per month
4. Calculate the breakeven if you increase your salary by $5000 per month

Assignment 5.2: Using USAIIRD to Identify Your Variable and Fixed Costs In determining the operating costs of a business, USAIRD represents the seven most frequent categories: Utilities Salaries, Advertising, Insurance, Interest, Rent, and Depreciation Use this template to Identify some of the operating costs that would be incurred by implementing your business idea Categorize each as either a fixed or a variable cost, explain your choice, and add a rough estimate of what you think the monthly cost might be Item Estimated Monthly Explanation (Why Cost Fixed vs. Variable) Fixed Costs: CA Variable Costs: Estimated Monthly Costs Entrepreneurship Handout $2 2013 Pearson EducaBeat Page 1 of 1 0/3/2020