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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
Hi...^^
ReplyDeleteI'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!
Have you stopped blogging?
ReplyDeleteApparently so...
ReplyDelete16 days with no blog - your last lessons are this week-end. I have no idea what you have been doing....so be it.
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