Costs and profit

Selling Price (SP): The product is sold to customers at £800 per batch.
Batch cost (BC): Ingredients cost £450 per batch.
Running Cost (RC):

Running the site and paying workers costs £300 per day.

Formula: SP - BC - RC = P (profit)

The company can usually make 2 batches per day. Therefore, the daily cost to the company is £1200. Show your calculations (working out) to get this number:

 

 

 

Now show your working out to get a daily profit of £400: