Cost Revenue And Profit Worksheet
Basic worksheets for students on edexcel old spec gcse business revenue cost and profit can be used in lesson or set as homework.
Cost revenue and profit worksheet. Each sofa sells for 750. The cost to manufacture a sofa is 600 per sofa plus a fixed setup cost of 4 500. Eventually students will calculate profit and suggest how this can be improved. To sell more items the price usually has to decrease.
Students need to identify different types of costs calculate revenue and costs then go onto look at how revenue changes due to a change in price. A fun worksheet examining a start up company making sausages. What is the cost to manufacture 20 sofas. Linear cost revenue profit supply and demand.
Complete the following questions to investigate different types of linear models. Record your responses on this worksheet. The worksheet has brief case study and key financial information students then must calculate sales revenue variable costs total costs and finally whether the business has made a profit or a loss. The profit function p x is the money that is left over from the revenue income after the costs expenses have been subtracted.
Basic worksheets for students on edexcel old spec gcse business revenue cost and profit can be used in lesson or set as homework.