formula 3 Flashcards
What is the formula for Unit costs (average costs)?
Unit costs (average costs) = Total costs / Number of units of output
How is Capacity utilisation (%) calculated?
Capacity utilisation (%) = (Actual output / Maximum possible output) × 100
What is the formula for Return on investment (%)?
Return on investment (%) = (Profit from the investment (E) / Cost of the investment (E)) × 100
What is Gross Profit?
Gross Profit = Revenue - Cost of Sales
How is Profit from Operations calculated?
Profit from Operations = Gross profit - Operating Expenses
What does Profit for year represent?
Profit for year = Operating profit + Profit from other activities - Net finance costs - Tax
How is Gross profit margin (%) calculated?
Gross profit margin (%) = (Gross profit / Revenue) × 100
What is the formula for Profit from operations margin?
Profit from operations margin = Operating profit margin (%) = (Operating profit / Revenue) × 100
How is Profit for year margin (%) calculated?
Profit for year margin (%) = (Profit for year / Revenue) × 100
What is the formula for Variance?
Variance = Budgeted figure - actual figure
