Which describes the money that a business makes when it sells goods or services for more than it spent on the goods and services Brainly?

Income is the money that people and businesses receive in exchange for working, producing a product or service, or investing capital. … Businesses earn income from selling their goods or services for a price that exceeds their cost of production.

Which describes money that is received from sales of goods or services?

Sales revenue is the income received by a company from its sales of goods or the provision of services.

What describes the point at which all expenses are paid but no profit has yet been made?

The break-even point (BEP) in economics, business—and specifically cost accounting—is the point at which total cost and total revenue are equal, i.e. “even”. There is no net loss or gain, and one has “broken even”, though opportunity costs have been paid and capital has received the risk-adjusted, expected return.

What describes the cost of producing one item?

What Is Unit Cost? A unit cost is a total expenditure incurred by a company to produce, store, and sell one unit of a particular product or service.

What is the money coming in called?

Explanation: The money coming is the income for the individual and the organization.

What do you call money coming into the business?

Cash incoming – money that is flowing into the business. Cash outgoing – money that is flowing out of the business.

Which describes a cost that fluctuates?

A variable cost describes a cost that varies in total with changes in volume of activity. The activity in this example is the number of bikes produced and sold. However, the activity can take many different forms depending on the organization. The two most common variable costs are direct materials and direct labor.

Which describes a cost that fluctuates depending on the number of units produced?

A variable cost is a corporate expense that changes in proportion to how much a company produces or sells. Variable costs increase or decrease depending on a company’s production or sales volume—they rise as production increases and fall as production decreases.