Topic 7 - Breakeven analysis and contribution Flashcards

1
Q

Breakeven point

A

(Total fixed costs/ contribution per unit)

number of units to cover fixed costs

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Contribution ratio

A

(Contribution per unit/ sales price per unit) x 100%

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Breakeven revenue

A

(Fixed costs/ contribution ratio) or Breakeven point x sales prices

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Sales volume to achieve target profit

A

(Fixed costs + required profit)/ Contribution per unit

How well did you know this?
1
Not at all
2
3
4
5
Perfectly