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15 Cards in this Set

  • Front
  • Back
If Variable Costs are £2.50 per unit and you make 300 what are Total Variable Costs?
£750
If Variable Costs are £0.75 per unit and you make 100 what are Total Variable Costs?
£75
If Variable Costs are £3.25 per unit and you make 200 what are Total Variable Costs?
£650
Fixed Costs = £10,000
Variable Costs = £2 per unit
Amount produced = 500

What are Total Costs?
£11,000
Fixed Costs = £2,000
Variable Costs = £4 per unit
Amount produced = 200

What are Total Costs?
£2,800
Fixed Costs = £5,000
Variable Costs = £1.50 per unit
Amount produced = 400

What are Total Costs?
£5,600
Your sell your products at £1.50 and on Wednesday gain sales of 300.

What's your revenue?
£450
Your sell your products at £3.50 and on Tuesday gain sales of 250.

What's your revenue?
£875
Your sell your products at £4 and on Friday gain sales of 700.

What's your revenue?
£2800
Your sell your products at £1.50 and on Wednesday gain sales of 300. You have total costs of £200.

What's your profit?
£250
Your sell your products at £3.50 and on Tuesday gain sales of 250. You have total costs of £900.

What's your profit?
-£25
Your sell your products at £4 and on Friday gain sales of 700. You have total costs of £1500.

What's your profit?
£1300
Fixed Costs = £300
Variable Costs = £2
Selling Price = £5 and you sell 200

What's your profit?
£300
Fixed Costs = £400
Variable Costs = £4
Selling Price = £6 and you sell 500

What's your profit?
£600
Fixed Costs = £1000
Variable Costs = £1.50
Selling Price = £4 and you sell 300

What's your profit?
-£250