MOCK PAPER REVISION (FORMULAS) Flashcards
1
Q
What is the formula for Break Even Point?
A
Fixed Cost / Contribution Per Unit.
2
Q
What is the formula for Contribution Per Unit?
A
Sales Revenue - Variable Cost Per Unit.
3
Q
What is the formula for Total Cost?
A
Fixed Cost + Variable Cost.
4
Q
What is the formula for Net Cash Flow?
A
Total Receipts - Total Payments.
5
Q
What is the formula for Revenue?
A
Quantity Sold x Price.