Business keywords pt.2 0.0 / 5 ? Business StudiesProfitGCSEAQA Created by: Jamie-leighxxCreated on: 07-02-19 19:38 Total revenue no of sales x selling price 1 of 9 Fixed costs costs that do not change eg. rent 2 of 9 variable cots costs that change 3 of 9 profit total revnenue- total costs 4 of 9 Break even total revenue= total costs 5 of 9 interest the charges made by banks for borrowing money 6 of 9 total costs fixed costs + variable costs 7 of 9 margin of safety actual/budgetewd output-breakeven 8 of 9 breakeven output fixed costs (selling price-variable costs per unit) 9 of 9
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