Business AS Formula's for JUNE 2013

AS Applied Business unit 3 exam

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  • Created by: daniel
  • Created on: 09-05-13 10:38

1. How do you caculate revenue?

  • Price of each sale - Production
  • Price X output
  • Sales revenue is just counted at the end of the day
  • Price of individual X Sales revenue
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Other questions in this quiz

2. How do you caculate total costs

  • Variable costs + Fixed costs
  • Fixed costs X Variable Costs
  • Total costs- any other costs
  • variable + fixed costs

3. How do you calculate margin of safety?

  • expenditure÷ output
  • you read it off the graph from the break even point
  • demand-break even output
  • break even point- total costs

4. How do you caculate profit?

  • Sales Revenux numbers sold
  • Total Revenue- total costs
  • Revnue- costs
  • sales revenue- the total costs

5. How do you caculate Break even?

  • Total costs ÷ (price-total output)
  • Fixed costs ÷ (price-variable)
  • Variable costs ÷ (price-variable)
  • Total costs ÷ (price-variable)

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