GATEWAY INTERNATIONAL SCHOOL
GRADE XI - ENTREPRENEURSHIP REFERENCE MATERIAL
UNIT 6 - BUSINESS FINANCE & ARITHMETIC
Contents:
• Unit of Sale, Unit Price and Unit Cost - for single product or service
•
Types of Costs - Start up, Variable and Fixed
•
Break Even Analysis - for single product or service
Additional content:
Cash in low and out low - Refer Pg 161 & 162
Expense & Expenditure - Pg 173 & 174
Formulas to remember:
1. Unit Price per customer = Total Billed Amount
Number of Customers
2. Gross Pro it Margin = Unit price - Unit Cost
3 . Break Even per product = Fixed Costs
Gross Pro it Margin
Example Sums in page 2 & 3
Refer previous Worksheet for MCQ
Break Even Example Sum - Refer pg 195
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Note: Kindly refer text book for the contents along with running notes.
Example Sum for Unit Price Calculation
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Example sum for Gross pro it margin calculation