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Total revenue
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∙ 12y ago
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How do you prepare a sales budget?
Number of units to be sold X Selling price per unit
FIFO method Inventory 20 units at 20 sold 10 units purchased 30 units at 21 sold 20 units purchased 10 units at 22 what is the cost of the merchandise sold?
The cost of the merchandise sold is not important!!! :p
What is the formula for Total Revenue and Total Cost?
Total revenue equals the sale price of products multiplued by the total amount of units sold
What is the difference between the selling price and sold price?
You could offer a customer a discount on selling price therefore the price they buy the goods for (sold price) would be less than the selling price
Does gross billing and net receipts mean the same thing?
No. Gross billing is the number of units sold multiplied by the cost of that item/s. Net reciepts are the gross billing plus returns, thereby potentially reducing the gross total.
How can you work out a break even cost in a signage industry?
Consider all your costs, fixed and variable, then subtract your total costs from the product of your income per unit sold multiplied by the units sold. The amount of units sold where this equation equals zero is the break even point.
How do you prepare a sales budget?
Number of units to be sold X Selling price per unit
What car sold the most in 2009 the US?
Here's the Top 10 Best-Selling Vehicles of 2009 based on Edmunds.com.Toyota CamryNumbers of units sold: 333,937Honda AccordNumbers of units sold: 287,491Ford F-150Numbers of units sold: 283,613Toyota CorollaNumbers of units sold: 252,414Chevrolet Silverado 1500Numbers of units sold: 245,306Honda CivicNumbers of units sold: 244,603Nissan AltimaNumbers of units sold: 194,211Honda CR-VNumbers of units sold: 191,214Chevrolet ImpalaNumbers of units sold: 165,565Ford FusionNumbers of units sold: 165,117The answer to your question is, the Toyota Camry which sold 333,937 units.
Suppose that in 2007 Ford sold 500000 Mustangs at an average price of 18800 per car in 2008 600000 Mustangs were sold at an average price of 19500 per car These statements?
And your question is?
How many Nintendo DSi are sold in a year?
Roughly 1 million Nintendo DSi units are sold each month, if you take an average of 17.8 million units sold between Japan's release in November 2008 and March 2010.
What is the average cost of a new car in the US?
Average price in 2006 was $20,044 for a domestic car. Average price in 2006 for an import was $28,739. Overall average for all cars sold was $22,651.
What is average revenue?
The average revenue from the sale of a particular output is the value of the total sales of that output, divided by the number of units sold.
Why is price per unit equal to the average revenue and marginal revenue of a firm under perfect competition?
Under Perfect competition , Marginal revenue is constant and equal to the prevailing market price, since all units are sold at the same price. Thus in pure competition MR = AR = P.
Why is the concept of price elasticity of demand potentially very uesful to a businss?
It can be used to calculate quantity sold to optimise profit, since the price elasticity of demand, multiplied by revenue, describes the total change in revenue (MR) per unit sold.
How do you calculate the number of units sold?
How to calculate the number of units sold?
What is the average price for a Wipro 7b1631 laptop?
The average price for a Wipro 7B1631 laptop is close to $400 US currency. These laptops are mainly sold in India.
Differentiate average revenue and marginal revenue?
Average Revenue: Total revenue divided by the number of units sold. Marginal Revenue: Is the extra revenue that an additional unit of product will bring. It is the additional income from selling one more unit of a good; sometimes equal to price. It can also be described as the change in total revenue ÷ the change in the number of units sold. Relationship: They both are the revenue brought in by, in this case, units sold. They are both used to calculate the total revenue just that marginal is any exrta revenue that the average revenue has left over.
