The costs of doing business for a company can be found by adding fixed costs, such as rent, insurance, and wages, and variable costs, which are the costs to purchase the product you are selling. The portion of the company’s fixed costs allotted to this product is $300, and the supplier’s cost for a set of tile is $6 each. Let x represent the number of tile sets.

If b represents a fixed cost, what value would represent b?

The value that would represent b, which is a fixed cost, is $300.

The given information states that the portion of the company's fixed costs allotted to the product is $300. Therefore, in this case, the value of b represents the fixed cost allocated to this product, which is $300.