Thursday 18 December 2008

Business Studies - 18th December 2008

Chris, here is an update on what work i have done this afternoon away from your lesson earlier.........
  • A-Z Business Studies Workbook - Page. 128 'Product Life Cycle and Product Portolio
  • Breakeven (Re-do) - Question 1 & Question 3

Happy Christmas
Laura

5 comments:

  1. Hi...^^
    I'm Lex,Mr.Chris's student too....I read that u have some problems with B/E
    Here are some formulaes:

    1. Break-even=Fix cost/ unit contribution
    2. Unit contribution=Selling price - variable cost
    3. Profit=Total contribution-Fix cost=Total sales revenue-Total cost
    4. Total contribution=Unit contribution*Quantity
    5. Total sales revenue=selling price*Quantity
    6. Total cost=Fix cost+Variable cost*Quantity

    I think u just need to learn by heart all this formulaes and then ...when u have exercises on it,u just need to substitute numbers!....Good luck!

    ReplyDelete
  2. 16 days with no blog - your last lessons are this week-end. I have no idea what you have been doing....so be it.

    ReplyDelete
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    ReplyDelete