0. Formulae Flashcards
Average cost
total cost of producing a product/ number of units produced
Break-even level of output
fixed costs/ contribution per unit
Capacity utilization
current ouput level/maximum output level x 100
Closing cash balance
opening cash balance + [cash inflows - cash outflows]
Labor productivity
total output in a given time period/ number of workers
Margin of safety
Break even level of output - current output level
Market capitalisation
Current share price x total number of shares issues
Median value
number of values +1 / 2
Production over break-even point (%)
margin of safety/break-even output
Profit
Contribution - overheads
Range
Highest result - the lowest result
Revenue
selling price x quantity sold
Total contribution
unit contribution x output
Unit contribution
price of unit - direct (variable costs) of unit
Working capital
Current assets - current liabilities
