Business revision 0.0 / 5 ? Business StudiesStarting a businessGCSEEdexcel Created by: jezableCreated on: 11-05-16 11:58 HOW DO YOU WORK OUT TOTAL COST? FIXEDCOST+VARIABLECOST 1 of 8 HOW DO YOU WORK OUT PROFIT/LOSS? TOTALREVENUE-TOTALCOST 2 of 8 HOW DO YOU WORK OUT VARIABLE COST? FIXEDCOST-TOTALCOST 3 of 8 HOW DO YOU WORK OUT THE REVENUE? PRICEXQUANTITY 4 of 8 IF A BUSINESS PRODUCES 20,000 PENS WHICH COST 10,000, WHATS IS THE PRICE PER PEN? £2 5 of 8 HOW LONG IS A LONG TERM FINANCE? 5 YEARS 6 of 8 YOU SELL 100 PAIRS OF SOCKSFOR £3.99. WORK OUT THE REVENUE £399 7 of 8 YOU SELL 6 CASES OF COCA COLA FOR £15.60. WORK OUT THE REVENUE £93.60 8 of 8
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