Challenge
Estimate the variable costs associated with delivering a new service. If you don’t have a service in mind, then go with this one:
Your organisation is proposing to provide online and face-to-face training for a large, public-sector organisation.
Acceptance criteria
Use a spreadsheet with the following layout:
| Cost item |
Estimated amount per unit |
Number of units |
Type of unit |
Total cost |
| Item A |
£– |
|
|
|
| Item B |
£– |
|
|
|
| Total variable costs |
|
|
£– |
|
A unit is the thing that will vary.
Set the currency of the estimates to match your local currency.
Resources
A variable cost is one that will change as the number of the things delivered goes up or down.
Wikipedia: Variable cost
">
Challenge
Estimate the variable costs associated with delivering a new service. If you don’t have a service in mind, then go with this one:
Your organisation is proposing to provide online and face-to-face training for a large, public-sector organisation.
Acceptance criteria
Use a spreadsheet with the following layout:
| Cost item |
Estimated amount per unit |
Number of units |
Type of unit |
Total cost |
| Item A |
£– |
|
|
|
| Item B |
£– |
|
|
|
| Total variable costs |
|
|
£– |
|
A unit is the thing that will vary.
Set the currency of the estimates to match your local currency.
Resources
A variable cost is one that will change as the number of the things delivered goes up or down.
Wikipedia: Variable cost
">
Challenge
Estimate the variable costs associated with delivering a new service. If you don’t have a service in mind, then go with this one:
Your organisation is proposing to provide online and face-to-face training for a large, public-sector organisation.
Acceptance criteria
Use a spreadsheet with the following layout:
| Cost item |
Estimated amount per unit |
Number of units |
Type of unit |
Total cost |
| Item A |
£– |
|
|
|
| Item B |
£– |
|
|
|
| Total variable costs |
|
|
£– |
|
A unit is the thing that will vary.
Set the currency of the estimates to match your local currency.
Resources
A variable cost is one that will change as the number of the things delivered goes up or down.
Wikipedia: Variable cost
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Related lessons
In this category: Commercial
Level: Novice
Level: Intermediate
Level: Advanced
At this level: Novice
Category: Commercial
