Finance

Question 1

First step to calculate break even point is gross profit. Calculation?

Answer 1

Charge Out Rate per Hour - Sum Variable Costs per Hour

Question 2

Charge Out Rate per Hour =

Answer 2

Turnover / Hours Per Month

Question 3

What are Variable Costs

Answer 3

MSF (inc VAT) p/h + (4.5% plus VAT) 		
Carers Wages p/h +		
Carers NI p/h + (10%) 		
Carers pension P/H (2%) 		
Carers Holidays p/h + (12.07%) 		
Carers Mileage p/h

Question 4

Calculate Break even point

Answer 4

Weekly Fixed Costs / Gross Profit per Hour

Question 5

What book keeping templates are available

Answer 5

Expenditure

Income