Formulas

Question 1

Calculate total Cost

Answer 1

TC=FC+VC

Question 2

Calculate contribution

Answer 2

C=SP-VC

Question 3

Calculate Break-even

Answer 3

BEP=FC/C

Question 4

Calculate specific level of profit/sales

Answer 4

=(units)-BEP
=’X’ x contribution
=’X’

S=units-BEP
=’X’ -SP
=’X’

Question 5

Calculate total revenue

Answer 5

TR=sales x selling price

Question 6

Calculate variable costs (per unit)

Answer 6

VC= VC/output

Question 7

Calculate MOS- margin of safety

Answer 7

MOS=AO-BEPO
^
Output

Question 8

Calculate selling price

Answer 8

SP=SR/output

Question 9

Calculate profit

Answer 9

P=S-TC
or
P=C-FC

Question 10

Calculate sales at desired profit

Answer 10

DP=DP/ C per units
=’X’+BEP
= ‘X’