DEVTOME.COM HOSTING COSTS HAVE BEGUN TO EXCEED 115$ MONTHLY. THE ADMINISTRATION IS NO LONGER ABLE TO HANDLE THE COST WITHOUT ASSISTANCE DUE TO THE RISING COST. THIS HAS BEEN OCCURRING FOR ALMOST A YEAR, BUT WE HAVE BEEN HANDLING IT FROM OUR OWN POCKETS. HOWEVER, WITH LITERALLY NO DONATIONS FOR THE PAST 2+ YEARS IT HAS DEPLETED THE BUDGET IN SHORT ORDER WITH THE INCREASE IN ACTIVITY ON THE SITE IN THE PAST 6 MONTHS. OUR CPU USAGE HAS BECOME TOO HIGH TO REMAIN ON A REASONABLE COSTING PLAN THAT WE COULD MAINTAIN. IF YOU WOULD LIKE TO SUPPORT THE DEVTOME PROJECT AND KEEP THE SITE UP/ALIVE PLEASE DONATE (EVEN IF ITS A SATOSHI) TO OUR DEVCOIN 1M4PCuMXvpWX6LHPkBEf3LJ2z1boZv4EQa OR OUR BTC WALLET 16eqEcqfw4zHUh2znvMcmRzGVwCn7CJLxR TO ALLOW US TO AFFORD THE HOSTING.

THE DEVCOIN AND DEVTOME PROJECTS ARE BOTH VERY IMPORTANT TO THE COMMUNITY. PLEASE CONTRIBUTE TO ITS FURTHER SUCCESS FOR ANOTHER 5 OR MORE YEARS!

Calcuating Cost, Revenue and Profit

Setting up or running a business incurs costs. It is important for a business to analyse and forecast these costs, and plan how they can be covered. Start-up costs can be high for new businesses, and so entrepreneurs may need to secure external finance (usually in the form of a bank loan or private investor) to cover these costs.

Fixed costs are expenses that do not vary in line with changes in demand or output - i.e. they remain constant. They have to be paid whether any products are made and sold or not. e.g. rent, depreciation, salaries, interest charges Variable costs are those incurred by a business that vary in direct relation to the level of ouput and demand - i.e. as output rises or falls, so do variable costs. e.g. materials, power, labour costs Total costs = fixed costs + variable costs If a business person can set his or her prices at a level that covers the business's total costs, then it will make a profit (although this assumes that the products will sell at the chosen price and that sufficient numbers are sold).

Revenue is the total value of sales made by a business over a specified period of time. This is also called sales revenue or total revenue.

Revenue is calculated by: revenue = quantity sold x (average) selling price per unit

However, an increase in price does not automatically increase a business's revenue! Whether or not revenue will increase following a price rise will depend on how many customers stop buying the product. If a price rise is not accepted well by customers (i.e. they stop buying the product because it is too expensive) then revenue may fall. A new business should undertake market research into how sensitive the demand of potential customers is to changes in the price of the product.

Finance


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