Equations Flashcards

1
Q

How do you calculate contribution?

A

Selling price - variable cost

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

how do you calculate total contribution?

A

contribution per unit X number of units sold

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

how do you calculate break even?

A

fixed costs ÷ contribution per unit

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

how do you calculate margin of safety?

A

actual output - BEO

How well did you know this?
1
Not at all
2
3
4
5
Perfectly