Cost Revenue Profit Calculator
A product has a fixed cost of and a production/variable cost of per unit. The product sells for per unit.
Compute the profit function and profit levels for the following unit amounts:
Set up cost function C(x) where x is the number of units produced:
C(x) = Fixed Cost + Variable/Production cost * Number of units
C(x) = + x
Set up revenue function R(x) where x is the number of units sold:
R(x) = Sale Price * x
R(x) = x
Determine the Profit function P(x) where x is the number of units produced and sold:
Profit = Revenue - Cost
P(x) = R(x) - C(x)
P(x) = x - ( + x)
P(x) = x - - x
P(x) = 0x -
Calculate the profit for units:
P() = 0() -
P() = 0 -
P() = 0
Final Answer
P() = 0
What is the Answer?
How does the Cost Revenue Profit Calculator work?
Free Cost Revenue Profit Calculator - Given a total cost, variable cost, revenue amount, and profit unit measurement, this calculates profit for each profit unit
This calculator has 4 inputs.
What 3 formulas are used for the Cost Revenue Profit Calculator?
C(x) = Variable Cost * x + Fixed CostR(x) = Sale Price * Units Sold
P(x) = R(x) - C(x)
For more math formulas, check out our Formula Dossier
What 7 concepts are covered in the Cost Revenue Profit Calculator?
costan amount that has to be paid or spent to buy or obtain somethingcost revenue profitfixed costbusiness expenses that are not dependent on the level of goods or services produced by the businessfunctionrelation between a set of inputs and permissible outputsƒ(x)profitThe amount of money left over after paying costs/expenses
Profit = Revenue - Costrevenuethe money generated from normal business operations, calculated as the average sales price times the number of units soldvariable costcosts that change as the quantity of the good or service that a business produces changes. V
Cost Per Unit x Total Number of Units
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