Step 3: Calculate your total costs

Now that you’ve worked out your ‘Fixed Cost Per Unit’ and your ‘Variable Cost Per Unit’ – work out your ‘Total Cost Per Unit’:

FIXED COST PER UNIT + VARIABLE COST PER UNIT = TOTAL COST PER UNIT

Module Library

1. Do you have what it takes?

2. The Big Business Idea

3. Your Team

4. Market Research

5. Production

6. Marketing

7. Costing & Pricing

8: Finance & book keeping

9: What did you learn?

10: Getting Ready For Judging

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