Costs, revenue and breaking even Essay -- Business and Management Stud

Costs, revenue and breaking even INTRODUCTION In this part of the coursework I will be looking at costs, revenue and breaking even. To do this we will have to work out our fixed costs, variable costs, expected total revenue, the amount of cars needed to break even and whether we make a profit or loss. A Business Plan Material and Equipment Fixed costs All of these materials and supplies will be bought from a local D.I.Y shop. * 4 sponges incl. 1 revolving sponge: -  £32 * 4 buckets: -  £10 * 4 scrubbing brushes for wheels: -  £4 * Advertising Leaflets: -  £5 * 4 chamois leather: -  £12 Total fixed costs: -  £63 Variable costs The washing up liquid can be bought from any local shop, but the water will be supplied from each of us from our homes although we wont be actually paying for the water it is included for business purposes. * Washing up liquid (10 cars per bottle): -  £2.50 * Water: -  £0.20 (per car) Total Variable Costs: -  £0.45 (per car) Breakeven This is a table to show a break-even analysis for a high price of  £4.00 per car. --------------------------------------------------------------------- No. f. Costs v. Costs t. Costs Revenue Profit/ Loss Of cars. ( £) ( £) ( £) ( £) ( £) 0  £63 0  £63 0 ...