If rent=2000, utilities =500, insurance =1000 per year and marketing advertising =3000. Then calculate total fixed cost per month.

To find the total fixed cost per month, let's add up all the fixed expenses and then convert the annual costs to a monthly basis where needed.

Given:
- Rent = $2000 (monthly)
- Utilities = $500 (monthly)
- Insurance = $1000 (annually) → monthly insurance cost = $ \frac{1000}{12} \approx 83.33 $
- Marketing & Advertising = $3000 (annually) → monthly marketing cost = $ \frac{3000}{12} = 250 $

### Calculation
\[
\text{Total Monthly Fixed Cost} = \text{Rent} + \text{Utilities} + \text{Monthly Insurance Cost} + \text{Monthly Marketing Cost}
\]
\[
= 2000 + 500 + 83.33 + 250 = 2833.33
\]

### Answer
The total fixed cost per month is approximately **$2833.33**.

Would you like a breakdown of the calculations or have any questions?

### Related Questions:
1. What would the total annual fixed cost be?
2. How would the monthly cost change if insurance doubled?
3. What would the effect of adding $200 per month for repairs be on the total fixed cost?
4. How would the total cost change if marketing costs dropped to $2000 annually?
5. How could you reduce the monthly fixed costs if needed?

**Tip:** For any cost that recurs annually, divide by 12 to calculate its monthly equivalent.

Find the total fixed cost per month by adding monthly rent, utilities, and the monthly equivalent of annual insurance and marketing costs. This example covers basic cost calculation techniques for budgeting and finance, ideal for Grades 5-7.

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