1. How to forecast the revenues of the business?
2. How to forecast the costs to be incurred?
3. How to compute for profits?​


Sagot :

Answer:

1.forecasted revenue is caculated by taking the average selling price for future periods and multiplyung that the numbersof expected unit sold.

2.

3.FORMULA

total revenue-total expenses = profit.

Profit is calculated by deducting direct costs, such as materials and labour and indirect costs (also known as overheads) from sales.