formulas- theme 2 Flashcards
1
Q
sales revenue=
A
selling price
2
Q
sales revenue =
A
selling price pu X No. units sold
3
Q
variable costs=
A
variable cost per unit x No. units produced
4
Q
total costs=
A
fixed costs + variable costs
5
Q
profit=
in revenue, costs and sales
A
revenue - total costs
6
Q
net cash flow=
A
inflows-outflows
7
Q
closing balance=
A
opening balance + net cash flow
8
Q
breakeven=
A
total costs = total revenue
9
Q
margin of safety=
A
current output - breakeven output
10
Q
breakeven using contribution=
A
contribution
11
Q
contribution=
A
selling price per unit - variable costs per unit
12
Q
profit=
in breakeven 1
A
total contribution - fixed costs
13
Q
profit=
in breakeven 2
A
margin of safety x contribution per unit
14
Q
gross profit=
A
revenue - cost of sales
15
Q
operating profit=
A
gross profit - other operating expenses
