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\nIntroduction to Business Costs and Expenses\n

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\nThe video is about understanding costs in business. The presenter explains how sales revenue is calculated and how it incurs costs for a business. The different types of costs are discussed, including fixed costs, variable costs, and...\nThe video is about understanding costs in business. The presenter explains how sales revenue is calculated and how it incurs costs for a business. The different types of costs are discussed, including fixed costs, variable costs, and total costs. Examples of each type of cost are given, and a calculation is shown to help understand how to calculate total costs for a business.\n
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Resource Details

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Curator Rating
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Educator Rating
Not yet Rated
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Media Length
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6:51
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Grade
Higher Ed
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Subjects
Social Studies & History
3 more...
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Media Type
Instructional Videos
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Source:
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\nKnowMo Business\n\n
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Date
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2018
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Language
English
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Audiences
For Teacher Use
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Usage Permissions
Fine Print: Educational Use
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Additional Materials

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\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" href=\"/subscription/new\">Video Transcript\n
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\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" href=\"/subscription/new\">Video Preview\n
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Concepts

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business, finance, accounting, ice cream, raw materials, cost, wages, money
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Additional Tags

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a-level, section, and, 1.3, costs, total cost, variable cost, goods sold, sales revenue, expenses levied, steel factory, fixed costs, price paid, unit multiplied, shop floor, vary directly, price, unit, shop, good, vary, change, makes, gonna, firm, mortgage, paying, rent
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Classroom Considerations

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Best For: Explaining a topic
Video is ad-free
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Educator Ratings

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\n\nShow resource details\n
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\n\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" aria-label=\"Play video: Introduction to Business Costs and Expenses\" href=\"/subscription/new\">\"Introduction\n\n
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