Total Revenue Calculation Questions
Total Revenue Calculation Questions
Total revenue is an essential metric for businesses as it represents the total income generated from sales of goods or services over a specific period. The total revenue calculation involves multiplying the selling price per unit by the total number of units sold.
Scenario 1: Nasi Lemak Stall
(a) Cost per Pack Calculation:
To find the cost per pack of nasi lemak, we first determine the markup percentage, which is 30%. The selling price per pack is RM1.50. Using the markup formula:
Markup = Selling Price - Cost
0.30C = RM1.50 - C
1.30C = RM1.50
C ≈ RM1.15
Therefore, the cost per pack of nasi lemak is approximately RM1.15.
(b) Breakeven Price per Pack Calculation:
The breakeven price per pack is calculated by considering the total expenses, including the operating expenses and the cost per pack multiplied by the number of packs sold, divided by the number of packs sold:
Breakeven Price per Pack = (Operating Expenses + (Cost per Pack * Number of Packs Sold)) / Number of Packs Sold
(c) Net Profit per Day Calculation:
The net profit per day is determined by subtracting the total expenses from the total revenue. The total revenue is the selling price per pack multiplied by the number of packs sold:
Total Revenue = Selling Price per Pack * Number of Packs Sold
Net Profit per Day = Total Revenue - Total Expenses
Scenario 2: Water Filter Manufacturer and Dealer
Unfortunately, the necessary values for calculating the total revenue in this scenario are not provided in the question. The total revenue would depend on factors such as the selling price, number of units sold, cost per unit, and any applicable expenses.
Scenario 3: Computer Retailer
Similar to the previous scenario, we lack the specific values required to calculate the total revenue for the computer retailer. Factors like the retail price, net profit percentage, cost, and operating expenses are needed for this calculation.
Scenario 4: Ornaments Trader
Once again, the exact total revenue calculation for the ornaments trader cannot be determined without the necessary data, including the selling price, cost, net profit percentage, and operating expenses involved in the business.