LO2 Flashcards
🇬🇧
In English
In English
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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 |