calculations

?
break even
fixed costs / selling price per unit - variable cost per unit
1 of 6
revenue
revenue = selling price * amount sold
2 of 6
profit
profit = revenue - total cost
3 of 6
total cost
total cost = fixed cost + variable cost
4 of 6
practice 1 - revenue i would like to sell a phone case per week for £9.99, also i am aiming to sell 25 each day. work out the revenue for a month.
revenue = 9.99 * 25 = 249.75 249.75 * 4 = £999 each month revenue = £999
5 of 6
practice - need to know costs
fixed costs =£8000 selling price=£30 variable price=£10
6 of 6

Other cards in this set

Card 2

Front

revenue

Back

revenue = selling price * amount sold

Card 3

Front

profit

Back

Preview of the front of card 3

Card 4

Front

total cost

Back

Preview of the front of card 4

Card 5

Front

practice 1 - revenue i would like to sell a phone case per week for £9.99, also i am aiming to sell 25 each day. work out the revenue for a month.

Back

Preview of the front of card 5
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