unit 02

• Retail
• MBO
• Studiejaar 1

UNIT 02 - Finance 

Finance 

What will you learn? 

-why budgeting is important

- break even point and how to calculate it 

- fixed costs

-variable costs

Budgeting

two types of budgeting

- employees have to ask for their budget when needed 

-the company gives a certain amount of money to every department (usually at beginning of the year) 

What is break - even

1. the point in which a company doesn't make any profit or loss
2. the point in which a company goes bankrupt
3. the situation in which a company loses half of their money
4. the siruation in which an employee doesn't earn money

https:

examples of fixed costs

there are 4 examples, which one is a variable cost?

1. rent
2. commisions
3. employee salary
4. insurence

which of these are a fixed cost?

1. freight
2. direct materials
3. supplies
4. utilities

this was the lesson for tody :)