Break even family formulae Flashcards
1
Q
Contribution per unit
A
selling price – variable cost per unit
2
Q
Break even point in units
A
fixed cost ÷ contribution per unit
3
Q
Break even point in currency
A
break even point in units x sales prices
4
Q
Margin of Safety
A
actual output – break even output
5
Q
Total contribution
A
Total revenue – total variable costs