formulas Flashcards
total cost
TVC + TFC
average fixed cost
TFC/ Q
average variable cost
TVC/ Q
target profit output
(fixed costs + target profit)/ contribution per unit
break even revenue
(fixed costs/contribution per unit) * price per unit
contribution per unit
price per unit - variable cost per unit
total contribution with sales revenue
total sales revenue - total variable costs
total contribution with n. of sales
contribution per unit * number of units sold
profit
total contribution/total fixed costs
margin of safety
current output - break even output
break even quantity
fixed costs/ contribution per unit
total revenue
price per unit * quantity sold
total costs
TFC + TVC
target profit output
(fixed costs + target profit)/ contribution per unit
productivity rate
total output/total input *100
