2.2 formulas Flashcards
1
Q
Sales revenue?
A
Selling price x quantity
2
Q
Total cost?
A
Fixed coat + total variable cost
3
Q
Total variable cost?
A
Variable cost per unit x output
4
Q
Profit?
A
Total revenue - total cost
5
Q
Break even?
A
Fixed cost / contribution per unit
6
Q
The margin of safety?
A
Current output – breakeven output
7
Q
Contribution per unit
A
Selling price – variable cost per unit
8
Q
Total contribution?
A
Contribution per unit x output
9
Q
Break even?
A
Fixed cost / contribution per unit
