Lesson 2 – Band Manager The Shakes have recently launched their first single "Shake 'em Up". They have printed 2000 copies of the single and want to know.

Slides:

Advertisements

Similar presentations

Accounting and finance

Advertisements

Cost Volume Profit Analysis (CVP)

Break-even ‘SPLAT!!!’. is all the money that comes into a business. Many businesses keep their money in a bank account that pays them a regular income..

Unit 8.4_Lesson 3_CD Resource 3a_Calculating VAT using absolute cell referencing Calculating VAT Using absolute cell referencing.

LESSON 3-7 AND 3-8 Variables and Formulas in Spreadsheets.

Business Calculus Applications of Extrema.  Extrema: Applications We will emphasize applications pertaining to business. Basic formulas: Revenue = price.

8.4 – Band Manager Spreadsheets

Spreadsheet Demonstration

Finance June 2012.

© Business Studies Online “A firm Breaks Even if it doesn’t make a profit or a loss” In other words profit = 0 For this to happen the money coming into.

Break-Even Chart A Business supplies the following figures about its activities: Fixed Costs: = €300,000 Variable Cost: = €20 per unit Forecast output.

Reading Strategies ‘Unlocking the Text’. Revenue is all the money that comes into a business. Interest: Many businesses keep their money in a bank account.

3.3 Break-even Analysis.

Example 4.5 Production Process Models | 4.2 | 4.3 | 4.4 | 4.6 | Background Information n Repco produces three drugs, A, B and.

Lesson 3 – Creating a spreadsheet to monitor stock using information from your data capture form and your customer database. Then display your data in.

Topic 3 Spreadsheets and Modelling Lesson 1 Introducing the Unit.

Pricing Math. Lesson Objectives Use the basic formula for calculating a retail price Calculate dollar and percentage markup based on cost Calculate discounted.

INTRODUCTION TO PROFIT Part 11. Starter What is the “cost of sales”? What is Profit?

Animal Rescue Lesson 2. What will you do in this lesson?

LESSON 4. Brain Teaser! How many business terms can you find in the word: ‘Contribution’ = 5mins.

BREAK EVEN ANALYSIS  We use the breakeven analysis to look at the point where we start to make a profit in the business.  Any business wants to make.

Year 8 Lesson 2 – Band Manager Objectives Know and understand: How to develop a spread sheet model, entering variables and creating formulae. Be able.

Starter. DRAWING BREAK-EVEN CHARTS Part 8 Lesson Objective To be able to draw a break-even chart. To be able to interpret a Break-even chart.

222 Sales, Revenue and Costs AS Edexcel New Specification 2015 Business By Mrs Hilton for.

LEARNING AIM B: Understand how businesses plan for success.

Break-Even Very important concept for the exam For some of you it will be building on prior knowledge.

BREAK-EVEN (BE) Unit 2 Business Development Finance GCSE Business Studies.

Module 1: Evaluating Past Performance as a Prologue  Purpose: In order to develop a sales forecast for Dept 315, evaluate last season’s sales performance.

Calculating Break-Even. Break-Even Point … the point at which a business makes enough money to pay its costs and begins to make a profit Units Dollars.

Financial planning: break-even. Syllabus Candidates should be able to: define contribution and contribution per unit (selling price – variable cost per.

> > > > Understanding Financial Statements. Balance Sheet What is a Balance Sheet? A statement that shows –(1) How much money a company has –(2) How much.

Sales, revenue and costs. Calculating sales, revenue and costs Candidates should be able to: calculate sales volume and sales revenue calculate fixed.

Revenues, Costs & Profit

Tutorial: The Breakeven Analysis

Lesson Objectives All students will understand Most students will

Learning intention Understand the concept of Break-even and the assumptions on which it is based.

Cost-Volume-Profit Analysis

Break even charts What you need to know!.

Fundamentals of Cost-Volume-Profit Analysis

Profit and Loss Unit 5: Financial Planning

MS EXCEL PART 6.

AMIS 310 Foundations of Accounting

Breakeven and Breakeven Charts

Making a profit or surplus

© 2017 by McGraw-Hill Education

LESSON 6-3 Estimating the Inventory

Starter Activity Complete the worksheet provided by your teacher!

INCOME STATEMENT INFORMATION ON A WORK SHEET

Starter Activity Complete the worksheet provided by your teacher!

Composite and Inverse Functions

Contribution per unit= Selling price – Direct Cost per unit

Estimating Revenues, Costs & Profits

Formulas for Linear Functions

Break-Even Chart A Business supplies the following figures about its activities: Fixed Costs: = €300,000 Variable Cost: = €20 per unit Forecast output.

The Question … Ahmed owns a stationary manufacturing business. He has changed the prices of some of his products. Ahmed has also changed his paper supplier.

2F Break Even Analysis.

Profit Lesson Miss Page.

Lesson 2: Cell References

Lesson 3: Complex Formulas

Functions Solving Equations Simplifying & Solving Variables on Both

SUBSTITUTION At the end of this lesson you should :

Putting a business idea into practice

Creating your models.

Graphing Relations Lesson 1.6.

Module 2: Assortment Planning for Next Season

© 2014 Cengage Learning. All Rights Reserved.

INCOME STATEMENT INFORMATION ON A WORK SHEET

Presentation transcript:

Lesson 2 – Band Manager The Shakes have recently launched their first single "Shake 'em Up". They have printed 2000 copies of the single and want to know if they are going to make a profit on it. Look at the model Shake 'em Up spreadsheet, which shows you how much money they have had to pay out to produce the single (Costs), and how much money they have made so far on single sales (Revenue). Answer the first set of questions (Activity 1) on the spreadsheet.

Lesson 2 – Band Manager Objectives Know and understand: How to develop a spread sheet model, entering variables and creating formulae. Be able to: Use GOAL SEEK to calculate input values for a given output.

Lesson 1 – Band Manager Goal Seek How many CDs would need to be sold to make £1000 profit. Now try to answer the remaining questions on the spreadsheet using the Goal Seek tool.