equations i dont know theme 2 Flashcards
1
Q
total contribution
A
contribution per unit x number of units sold
2
Q
contribution per unit
A
selling price per unit - variable costs per unit
3
Q
margin of safety
A
- current sales volume / (output - break even output )
- actual output - break even output
4
Q
operating profit
A
gross profit - foxed costs
5
Q
break even quation
A
total fixed costs / contribution per unit
6
Q
gross profit
A
revenue - total variable costs