[Answer] To calculate profit producers subtract their total production cost from their _____

Answer: total revenue

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To calculate profit producers subtract their total production cost from their _____ Net profit: To calculate net profit for a unit (such as a company or division) subtract all costs including a fair share of total corporate overheads from the gross revenues . Net profit ($) = Sales revenue ($) − Total costs ($) Return on sales (ROS): Net profit as a percentage of sales revenue. Hollywood accounting (also known as Hollywood bookkeeping) refers to the opaque or creative accounting methods used by the film video and television industry to budget and record profits for film projects. Expenditures can be inflated to reduce or eliminate the reported profit of the project thereby reducing the amount which the corporation must pay in taxes and royalties or other profit ... Net sales = gross sales – (customer discounts + returns + allowances) Gross profit = net sales – cost of goods sold. Gross profit percentage = [ ( net sales – cost of goods sold )/ net sales] × 100%. Operating profit = gross profit – total operating expenses. Net income = operating profit – taxes – interest. Prices of production - Wikipedia Prices of production - Wikipedia Film budgeting - Wikipedia Production (economics) - Wikipedia Production is a process of combining various material inputs and immaterial inputs (plans know-how) in order to make something for consumption (output). It is the act of creating an output a good or service which has value and contributes to the utility of individuals. The area of economics that focuses on production is referred to as production theory which in many respects is similar to ... Markup (or price spread) is the difference between the selling price of a good or service and cost .It is often expressed as a percentage over the cost . A markup is added into the total cost incurred by ...

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