Good morning year 9
Today those who have finished or soon to complete:
P1 Fixed, variable and total costs explained
P2 Different types of revenue
P3 Gross and net profit explained
will have an opportunity to start thinking about P4 & P5
Break even can be read about on pages 76 - 82 in the core text
Starter
Hot news this weeks biz quiz click here
Main activity
Break even explained
Practice activity
Labeling the graphs click here
Calculations
How do we find the points that we need to plot
Test
Drawing a graph with our own data. Can I suggest we use the help pack here
P4 requires you to calculate the break even point using the data provided in the case study for. The fixed costs and variable costs and total costs can be calculated at the given selling prices provided
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