222 Sales, revenue & cost Flashcards
1
Q
Sales Vol.
A
No’ of items sold in a month X necessary period.
2
Q
Revenue
A
Units sold X Price per unit
3
Q
TC
A
FC + VC.
Fixed Costs are not influenced by lvl of output.
Finance- Business Decisions > 222 Sales, revenue & cost > Flashcards
Sales Vol.
No’ of items sold in a month X necessary period.
Revenue
Units sold X Price per unit
TC
FC + VC.
Fixed Costs are not influenced by lvl of output.