Cost means price of a commodity which a consumer has to pay in order to get any service from a specific agency. Cost is variable in nature and changes according to demand of goods and supply.
While the total profit of an agency in yearly basis is known as revenue.
it doesn't cost is cost revenue is revenue
cost/revenue x100%
Cost of revenue is the amount spent to sell a company's products.
(Projected revenue) - (Extended Cost) (Projected revenue) - (Extended Cost)
Sales revenue = breakeven sales + Fixed Cost Sales revenue = 40000 + 30000 sales revenue = 70000 Prove Sales revenue = 70000 Less: V.C = 40000 Contribution Margin = 30000 Less:Fixed Cost = 30000 Profit (loss) = Nill
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Cost is how much is spent revenue is the annual how much u make
Matching Cost against Revenue principles stipulate that a revenue generated must have an associated cost to it. As & when a revenue is recognized, so is the cost.
+10.46%
total cost= total revenue, it is the same thing in different name.
Profit=Total revenue - Total cost
Marginal Cost = Marginal Revenue, or the derivative of the Total Revenue, which is price x quantity.