PAPER 1 FORMULAE - break even family Flashcards
1
Q
Contribution per unit
A
Selling price - Variable cost per unit
2
Q
Break even points in units
A
Fixed cost ÷ Contribution per unit
3
Q
Break even point in currency
A
break even point in units x sales prices
4
Q
Margin of safety
A
Actual Output – Break Even output
5
Q
Total Contribution
A
Total revenue - Total variable cost
