calculations

?
break even equation
fixed cost / selling price per unit - variable cost per unit
1 of 5
revenue equation
revenue = selling price per unit * amount sold per unit
2 of 5
total cost equation
total = fixed cost + variable cost
3 of 5
profit equation
profit = revenue - total cost
4 of 5
practice question - break even fixed cost = £8000 per month selling price per unit =£30 variable cost per unit = £10
8000/
5 of 5

Other cards in this set

Card 2

Front

revenue = selling price per unit * amount sold per unit

Back

revenue equation

Card 3

Front

total = fixed cost + variable cost

Back

Preview of the back of card 3

Card 4

Front

profit = revenue - total cost

Back

Preview of the back of card 4

Card 5

Front

8000/

Back

Preview of the back of card 5

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