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LO2 Flashcards


🇬🇧
In English
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Created by:
ellie white


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[Front]


How do you calculate total costs?
[Back]


Fixed costs + Variable costs

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🇬🇧🇬🇧
How do you calculate total costs?
Fixed costs + Variable costs
How do you calculate revenue?
Selling price x Number of sales
How do you calculate the break even point?
Fixed costs ./. (Selling price per unit - Variable costs per unit)
How do you calculate the total profit?
Sales revenue - Total costs
How do you calculate profit per unit?
Selling price per unit - Total costs per unit