How are CPC calculated?


I am currently on holiday so have extended shipping times and thought I had put all of my campaigns at .02p. We have an automatic campaign that has had four clicks today at .96p each.
Default Bid is 0.02
Set at Fixed Bid
Where you can increase bids by a percentage these are both set at 0%.
Obviously there are no keywords which overrides these as it is an automatic campaign. Can anybody explain where else I can look to stop these high costs please? TIA.

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