Formulae Flashcards
1
Q
Formula for Total Revenue
A
Price x Quantity Sold
2
Q
Formula for Profit
A
Total Revenue - Total Costs
3
Q
Formula for Total Costs
A
Fixed Costs + Variable Costs
4
Q
Formula for Cost per Unit
A
Total Costs / Total number of Units
5
Q
Formula for Breakeven
A
Fixed Costs / (Selling Price - Variable Cost per Unit)
6
Q
Formula for Margin of Safety
A
Expected output - Breakeven
7
Q
Formula for Contribution per Unit
A
Price - Variable Cost per Unit
8
Q
Formula for Total Contribution (using contribution)
A
Contribution per Output x Number of Units
9
Q
Formula for Total Contribution (without using contribution)
A
Sales Revenue - Total Variable Costs
10
Q
Formula for Market Share
A
(Sales Revenue of Business / Sales Revenue of Total Market) x 100
11
Q
Formula for Market Growth
A
(New Value - Original Value / Original Value) x 100
12
Q
A
