component 1 equations Flashcards
breakeven (always in units not £s)
fixed costs / contribution per unit
contribution per unit
selling price per unit - variable cost per unit
total contribution
contribution per unit x no. of units
market share
total sales of a firm / total market sales x 100
gross profit
sales revenue - cost of goods sold
gross profit margin
gross profit/sales revenue x 100
net profit
gross profit - expenses
net profit margin
net profit/sales revenue x 100
capacity utilisation
actual output / max. possible output x 100
labour productivity
output (per period) / average no. employees (per period)
absenteeism rates
no. of staff absent(per period) / total no. of staff days worked x 100
labour turnover
no. of staff leaving / average no. of staff employed x100
added value
value of output - value of inputs
margin of safety
actual level of output - breakeven point
profit
total revenue - total costs
