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Revenue, Costs and Financial Statements

BTEC EnterpriseC3-2cVocationalLesson packSubscription
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  • 7 questions
  • 15 marks
  • about 25 minutes
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Question types: multiple choice, short answer, extended answer.

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About this resource

BTEC Enterprise Component 3 (B3/B4) — sources of revenue and costs, fixed vs variable costs, and how to complete and interpret the statement of comprehensive income and statement of financial position.

19 slides.

Lesson outline

  1. Do Now — Retrieval
  2. Revenue, Start-up Costs and Running Costs
  3. Hinge Check — Revenue or Profit?
  4. Fixed Costs vs Variable Costs
  5. Hinge Check — Do Fixed Costs Ever Change?
  6. Apply It — Classify Cocoa Crate's Costs
  7. The Statement of Comprehensive Income
  8. I Do: Working Out Gross and Net Profit
  9. We Do: Guided Practice — Bright Bites Café
  10. You Do: Independent Practice — GreenGrind Coffee
  11. Hinge Check — Same Thing?
  12. The Statement of Financial Position
Unit bundleComponent 3 · Promotion and finance for enterprise
Part of: Component 3 · Promotion and finance for enterprise: the whole unitEvery resource in the unit in one zip.

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