Building a Birdhouse This module has focused on different business costs. For this week’s paper, go to your local hardware store and price the materials for building a birdhouse. For simplicity, assume the materials for making a birdhouse are: One 1 lb. box of #14 x 1-1/2 in 4 penny nails One birdhouse kit One hour of labor (use the minimum wage for the hourly rate) A fixed cost of $50 to rent a workshop In a paper: Calculate the average total cost, average variable cost, average fixed cost, and marginal cost for making one, two, three, four, five, six, seven, eight, nine, and ten birdhouses.
