MOCK PAPER REVISION (FORMULAS) Flashcards

1
Q

What is the formula for Break Even Point?

A

Fixed Cost / Contribution Per Unit.

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2
Q

What is the formula for Contribution Per Unit?

A

Sales Revenue - Variable Cost Per Unit.

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3
Q

What is the formula for Total Cost?

A

Fixed Cost + Variable Cost.

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4
Q

What is the formula for Net Cash Flow?

A

Total Receipts - Total Payments.

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5
Q

What is the formula for Revenue?

A

Quantity Sold x Price.

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