fomula's Flashcards
what is the mark-up formula?
Selling Price = Cost Price x (1 + mark-up% /100)
cost volume profit formula?
(total fixed costs + profits) / (selling price per unit - variable cost per unit)
calculating sales revenue and total
Sales revenue =
selling price (GST exclusive) x quantity sold
Total Cost is equal to fixed cost + (variable cost x
quantity sold)
Total variable cost – VC/ unit x output
Contribution margin per unit – SP/unit – VC /unit
Break-Even?(quatity)
Total Fixed Cost + Desired Profit / Selling price per item – Variable cost per item
break even revenue?
Selling price per item x Break-Even (Quantity) = Break-Even (Revenue)
total expenses
(Variable cost per item x Quantity) + Total Fixed Cost
minimum desired profit
Total cost + Desired return on investment
expenses
Total Variable Cost + Total Fixed Cost
break even(selling price)
Expenses + Desired Profit / Quantity
Break-Even (Revenues)
Break-Even (Selling Price) x Quantity
quotes?
cost of labour + cost of materials + desired profit
break even point
fixed cost + 0/cm(selling price - variable cost per unit)
