Final answer:
To calculate profit, multiply the profit per unit by sales volume and then subtract total fixed cost.
Step-by-step explanation:
To calculate profit, multiply the profit per unit by sales volume and then subtract total fixed cost.
For example, if the profit per unit is $5 and the sales volume is 100 units, the total profit would be $5 * 100 = $500. If the total fixed cost is $200, then the final profit would be $500 - $200 = $300.
So, the formula to calculate profit is:
Profit = (Profit per unit * Sales volume) - Total fixed cost.