varable costs of each product x number of products produced
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How do you calculate the total costs ?
Total fixed costs x total variable costs
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What is break-even?
The break-even is when the ammount of money spent on making a product is the same as the money made from the selling product (when the sales revenue figure is the same as/equal to the total cost figure
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How do you calculate fixed cost?
Selling price =variable cost
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Opening balances and closing balences are...
opening balance of each month and the closing balance of each month
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