WORKING OUT FORMULAS 0.0 / 5 ? BusinessBUSINESSA2/A-levelAQA Created by: Cori-Jay HilaireCreated on: 13-01-14 20:30 Business Revenue Revenue= Volume of goods sold X average selling price. 1 of 5 Total costs Fixed costs + Variable costs= Total costs 2 of 5 Profit Total revenue - Total costs= Profit 3 of 5 The break even point Fixed costs / (selling price per unit - variable costs per unit) 4 of 5 HN KM 5 of 5
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