break even family Flashcards

1
Q

what is the formula for contribution per unit?

A

Selling Price – Variable cost per unit

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2
Q

what is the formula for break even point?

A

Fixed Cost ÷ Contribution per unit

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3
Q

what is the formula for margin of safety?

A

Actual Output – Break Even output

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4
Q

what is the formula for total contribution?

A

Total revenue – total variable costs

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