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Business Theme 2 > Sales And Revenue Costs > Flashcards

Sales And Revenue Costs Flashcards

1
Q

What is sales volume

A

How many goods have been sold

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2
Q

What is sales revenue

A

How much money has been made

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3
Q

What is the selling price

A

How much is the price for each item sold

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4
Q

Definition of fixed costs

A

Fixed costs are costs that do not vary with level of output E.G RENT

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Business Theme 2 (18 decks)

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