Calculations Flashcards
PED (Price elasticity of demand)
% Change in QD / % Change in Price
YED
% Change in QD / % Change in income
Market Share
(Business Sales / Market Sales) x 100
Market size
Total Value of Business sale
Market growth
(Difference / original) x 100
Total costs
Fixed Costs + variable Costs
Total variable costs
Variable cost per unit of output x quantity
Revenue
Selling price x Quantity sold
Profit
Revenue - Total costs
Contribution (per unit)
Selling price per unit - Variable Cost per unit
Total Contribution
Total Sales Revenue - Total Variable costs
Or
Contribution per unit X number of Units
Margin of safety
Actual Level of output - Break even point
Net Cash Flow
Inflow - Outflows
Budget Variance
Budgeted - Actual
Gross Profit
Revenue - Cost of Goods Sold
Net Profit
Revenue - Total Costs
Or
Gross profit - Expenses
Net Profit Margin
(Net profit / Revenue) x 100
Labour Turnover %
(Number of Leavers / Avg no of employees) x 100
Labour Productivity
Output / Number of Employees
Added Value
Value of output - Value of input (costs)
[selling price - cost of raw materials]
Capacity utilisation
(Actual output / Maximum Possible Output) x 100
Lead Time
Time difference between re-order quantity and stock increase
Re-Order Quantity
Increase in stock level when delivery received
Moving Average
Previous Month + current month + Next month / 3