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Costs, Scale of Production and Break Even Analysis by ZL - Coggle Diagram
Costs, Scale of Production and Break Even Analysis by ZL
Economies of Scale
Financial Economies
Marketing Economies
Technical Economies
Managerial Economies
Purchasing Economies
Diseconomies of Scale
Poor Communication
Slow Decision Making
low morale
Costs
Fixed Costs
costs that don't vary output
Variable Costs
cost that directly vary output
Total Cost
Total fixed cost + Total variable cost
average costs
total cost/ total output
Break-even anylysis
contribution unit + selling price = variable cost per unit
total revenue= cost
Break-even level of production= total cost/ contribution per unit