Formulas

?
  • Created by: 15sperry
  • Created on: 04-07-19 11:21
Total Cost Formula
Fixed Costs + Variable Costs
1 of 6
Total Variable Costs Formula
Number of Units Sold x Variabler Cost per Unit
2 of 6
Revenue Formula
Quantity Sold x Selling Price
3 of 6
Profit Formula
Revenue - Total Cost
4 of 6
Gross Profit Formula
Turnover - Cost of Sales
5 of 6
Net Profit Formula
Gross Profit - Expenses
6 of 6

Other cards in this set

Card 2

Front

Number of Units Sold x Variabler Cost per Unit

Back

Total Variable Costs Formula

Card 3

Front

Quantity Sold x Selling Price

Back

Preview of the back of card 3

Card 4

Front

Revenue - Total Cost

Back

Preview of the back of card 4

Card 5

Front

Turnover - Cost of Sales

Back

Preview of the back of card 5
View more cards

Comments

No comments have yet been made

Similar Business Studies resources:

See all Business Studies resources »See all Finance resources »