Unit costs in business
Posted by SkillMaker in Dec, 2016
What are Unit costs? The unit cost is the average total cost of making, storing and selling one unit of a product. It is a consideration when a business makes large numbers of the same product. The unit cost of a product takes into account fixed costs as well as variable costs. Fixed costs are […]
Category: BSBSMB402
Post Tagged with breakeven point, fixed costs, pricing, production, profit, small business finance, SMB, unit costs, variable costs Net Profit
Posted by Luke Jones in Sep, 2014
What is Net Profit? Net profit is a measure of the profitability of a venture after accounting for all costs. Net income is calculated by taking revenues and adjusting for the cost of doing business, depreciation, interest, taxes and other expenses. This number is an important measure of how profitable the company is over a […]
Net Profit
Posted by Melissa Ramsden in Jul, 2014
What is net profit? Net Profit is a total of the amount of money earned or lost after subtracting all of the expenses from the Gross Profit. What is net profit like? Net profit is like an old car, at first it might not work but with hard work, determination, dedication and on going maintenance […]