Good Morning year 12
Well this is the last term and as promised as soon as we get this unit completed you will have an opportunity to revist Unit 2 and improve your work on functional areas. Well done to Sulwa who has being doing this already !
Today we are going to continue with the break even analysis that you started before half term. Rememeber for those who have little evidence for P1 Identifying costs, P2 different types of revenue and P3 explaining the difference between gross and net profit you have a worksheet to complete and submit.
Fot those who are bang up to date you have the following resources for today:
For P4 & P5 you will need to calculate FOUR sets of break even point data and FOUR break even point graphs.
The fist TWO are based on the original costs and use TWO lots of selling prices £5 and £6
The second TWO are based on new costs and selling prices of £6.50 and £8.
The worksheet is for support only if you feel more comfortable setting up a spreadsheet for your calculations feel free to do so.
Good luck and work hard