For example, if you sold 10,000 pieces with some volume discounts that earned a total revenue of $380,000, your total profit equals $160,000 once you subtract the $22 per unit cost of the product.

Formula and Calculation of Revenue The formula and calculation of revenue will vary across companies, industries, and sectors.

To find price per unit from the income statement, divide sales by the number of units or quantity sold to determine the price per unit. For example, given sales of $500,000 for the year and 40,000 ...