Caculations Flashcards
1
Q
Market size
A
volume= number of sales
value number of sales x price
2
Q
Market share
A
business sales / market sales x 100
3
Q
PED/ YED
A
Change in demand%/ Change in income/ price%
4
Q
Cost plus pricing
A
AC+ profit%
5
Q
Theme 2
A
6
Q
Sales volume
A
sales revenue/ average price
7
Q
Sales revenue
A
price x number sold
8
Q
Break even
A
fixed cost / Cost per unit
9
Q
Total cost
A
Fixed + variable
10
Q
Contribution per unit
A
selling price - variable cost
11
Q
Total contribution
A
contribution per unit x number sold
12
Q
Profit
A
total revenue - total cost
13
Q
Margin of safety
A
actual sales - break even
14
Q
Budget variance
A
Actual- budget
15
Q
Gross profit
A
Sales revenue - COGS
