theme 2 calculations Flashcards
1
Q
net cash flow
A
total inflows-total outflows
2
Q
sales volume
A
total number of units sold over a period of time
3
Q
sales revenue
A
number of units sold x unit price
4
Q
total variable costs
A
number of units sold x variable cost per unit
5
Q
total costs
A
fixed costs+variable costs
6
Q
contribution per unit
A
selling price per unit - variable cost per unit
7
Q
total contribution
A
contribution per unit x number of units sold
8
Q
break even
A
fixed costs/contribution per unit
9
Q
variance
A
actual-budget
10
Q
gross profit
A
sales revenue - cost of sales
11
Q
operating profit
A
gross profit - overheads
12
Q
net profit
A
operating profit - interest
13
Q
gross profit margin
A
gross profit/revenue x 100
14
Q
operating profit margin
A
operating profit/revenue x 100
15
Q
profit for the year (net profit) margin
A
net profit before tax/revenue x 100
