InThinking Subject Sites

Subscription websites for IB teachers & their classes

Find out more


Sitemap
Recommendations
Other subjects
Brochure

Disclaimer: InThinking subject sites are neither endorsed by nor connected with the International Baccalaureate Organisation.

Student access tools
 You need to log-in or subscribe in order to use Student access.

Worksheet - costs & revenues

Worksheet - Unit 3.2 Costs and revenues

The table below shows some changes in costs and revenue as output changes.

  1. Complete the table below by filling in the gaps.                                                                                                         (4 marks)

Output level

Costs & Revenues ($)

Sales revenue

Fixed costs

Variable costs

Total costs

Profit

0

0

1

2

500

3

900

4

5

1,500

6

1,200

  1. Identify the total fixed costs.                                                                                  (1 mark)
  1. Calculate the selling price of the product.                                                              (2 marks)
  1. Calculate the average variable cost.                                                                      (2 marks)

Download the Worksheet - costs & revenues in PDF format.

Check your work by checking the answers here.

All materials on this website are for the exclusive use of teachers and students at subscribing schools for the period of their subscription. Any unauthorised copying or posting of materials on other websites is an infringement of our copyright and could result in your account being blocked and legal action being taken against you.

Help

×