Breakeven Equations Flashcards
1
Q
Breakeven
A
( selling price - variable costs)
2
Q
Revenue
A
price x quantity
3
Q
total costs
A
fixed costs + variable costs
4
Q
contribution
A
selling price - variable costs
5
Q
profit
A
margin of safety x contribution
6
Q
margin of safety
A
actual output - breakeven output
