1.3.2 Calculations

Question 1

What’s the formula for total costs

Answer 1

Fixed + Variable

Question 2

What’s the formula for Margin of safety

Answer 2

actual sales - Break even output

Question 3

What’s the formula for Break even level

Answer 3

Fixed costs ÷ (Selling price per unit− Variable costs per unit)

Question 4

What’s the formula for Percentage change

Answer 4

new-old÷old x100

Question 5

What’s the formula for Net Cash Flow

Answer 5

Inflows-Outflows

Question 6

What’s the Formula for Opening balance

Answer 6

Opening balance is the closing balance of the previous period

Question 7

What’s the Formula for Profit

Answer 7

Revenue - Costs

Question 8

Whats the formula for Revenue

Answer 8

Price x Quantity

Question 9

What’s the formula for variable costs

Answer 9

Variable cost per unit x output

Question 10

What’s the formula for Closing Balance

Answer 10

Opening Balance + Net Cash Flow

Question 11

What’s the formula for Intrest

Answer 11

Total Repayment-Borrowed Amount÷Borrowed Amount x100

Question 12

What’s The formula Break-Even Point

Answer 12

Break Even Output x Sales Price