Summarize section 2.3.2 including the influence chart

Section 2.3.2 is about using influence charts with income statements. We can see with the influence chart that the objective is profits. To get to the objective, we will need to generate revenue which is created by the price of the product. Total cost is arrived by adding the variable cost and the fixed cost. Variable cost is determined by the quantity sold plus the unit price. The quantity sold is also related to the total revenue.