Business break even family Flashcards
1
Q
Contribution per unit
A
Selling price - variable cost per unit
2
Q
Break even point in units
A
Fixed cost divided by 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