Birla Hoardings Ltd. is a new board company. They received anorder of 6000 bill boards for a product. Each bill board will besold at $800. The table below shows the list of the costs (fixedand variable costs) of different items required to produce the billboard. (10 marks)

ITEMS	COSTS
Rent	500
Loan repayment	300
Managerial cost	200
Sheet metal per board	100
Labor per board	80
Packaging per board	20

Find the following:

1)Total Variable Cost, 2)Total Fixed cost, 3) Total cost,4)Total revenue, 5)Profit,6) Average cost