Break even formula Flashcards

1
Q

How do you find the contribution?

A

selling price per unit - variable cost per unit

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2
Q

How do you find the break even point in units?

A

Fixed costs
____________________________
Selling price - Variable cost
per unit per unit

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3
Q

How do you find break even point in sales value?

A

Break even point in units x Selling price

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4
Q

How do you find the profit acheived at a certain unit level?

A

Units x contribution - fixed costs

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5
Q

How do you find how many units need to be sold to make a certain profit?

A

Fixed costs + profit required
____________________________
contribution

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6
Q

How do you find the margin of safety in units?

A

Current production or sales units - break even units

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7
Q

How do you find the margin of safety in sales value?

A

Margin of safety in units x selling price

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8
Q

How do you find the variable cost per unit?

A

Total variable costs / Units

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9
Q

How do you find variable costs per unit in a table?

A

variable costs / units
vc per unit x units

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10
Q

How do you find total costs?

A

fixed costs + variable costs

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11
Q

How do you find selling price per unit?

A

sales/total revenue / units

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12
Q

How do you find sales/total revenue?

A

Selling price x units

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13
Q

How do you find the profit or loss in a table?

A

sales/total revenue - total costs

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