Formulas Flashcards
1
Q
Total costs
A
TC=FC+ VC
2
Q
Variable cost per unit
A
VC= VC/ OUTPUT
3
Q
Calculate specific levels of profit/ sales
A
P=UNITS- BEP
= X x CONTIBUTION
= X
S = UNITS - BEP
= X - SP
= X
4
Q
Contribution
A
C=SP-VC
5
Q
MOS (REVENUE)
A
MOS=ASR-BEPSR
6
Q
MOS(UNITS)
A
MOS=AO-BEPO
7
Q
TOTAL REVENUE
A
TR=S x SP
8
Q
SELLING PRICE
A
SP=SR/OUTPUT
9
Q
BREAKEVEN
A
BEP=FC/C
10
Q
PROFIT
A
P=S-TC
OR
P=C-FC
11
Q
REVENUE
A
R=MOS x SP
12
Q
SALES AT DESIRED PROFIT
A
DP=DP/C PER UNIT
= X + BEP
= X
