Calculations

Question 1

Total Contribution

Answer 1

Total Revenue - Total Variable Costs

Question 2

Contribution per unit

Answer 2

Selling Price(per unit) - Variable Cost(per unit)

Question 3

Break even point

Answer 3

Fixed Costs ∻ Contribution Per Unit

Question 4

Margin of Safety

Answer 4

Actual level of Output - Breakeven level of Output

Question 5

Market size VOLUME

Answer 5

Is the quantity of goods & services produced in a particular market over a period of time (1 year)

Question 6

Market size VALUE

Answer 6

Is the total sales revenue generated from selling all of the good & services produced in a particular market over a period of time ( 1 year)

Question 7

Sales Volume

Answer 7

Is the quantity of goods & services produced by a particular business over a period of time ( 1 year)

Question 8

Sales value

Answer 8

Is the total sales revenue of a particular business over a period of time ( 1 year)

Question 9

Market Growth % in year X

Answer 9

Change in size of the market between year (x-1) and year x ∻ Size of market in yr (x-1) so just diff Over og amount

Question 10

Market share

Answer 10

Sales of one product/brand/business ∻ Total Sales in Market x 100

Question 11

Total Costs

Answer 11

Fixed Costs + Variable Costs

Question 12

Variable Costs(TOTAL VARIABLE COSTS)

Answer 12

Variable Cost Per Unit x N.O Units Sold

Question 13

Total Revenue(SALES REVENUE/TURNOVER)

Answer 13

Selling Price Per Unit x N.O Units Sold

Question 14

Added Value(VALUE ADDED)

Answer 14

Sales Revenue - Costs of bought in goods & services

Question 15

Labour Productivity

Answer 15

Output Per Time Period ∻ N.O Employees

Question 16

Labour Turnover %

Answer 16

N.O Staff leaving during yr ∻ Average N.O Staff employed by business during yr x 100

Question 17

Capacity Utilisation

Answer 17

Actual Output in given time period ∻ Maximum Possible Output in given time period x 100

Question 18

Unit Costs

Answer 18

Total Costs Of Production ∻ N.O Units of Ouput Produced