This question is about accountant assistant skills.

How to calculate revenue in accounting

By Zippia Team - Jan. 8, 2023

To calculate revenue in accounting, simply multiply the number of units sold by the selling price. Revenue is another word for money generated through sales, so you calculate the money a company makes in a given time frame.

For example, a dog collar online boutique wants to calculate revenue on its best-selling rainbow dog collar and its best-selling black dog collar to see which one makes more money. They sold 100 rainbow dog collars at $20 each, for a revenue of 100 x 20 which is $2000.

The black dog collar was sold at $22, and they sold 80, which means the revenue was 80 x 22 or $1760. This means the rainbow collar made more revenue for the company despite costing less.

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