AS CALCULATIONS

Question 1

Contribution

Answer 1

Revenue - variable costs

Question 2

Break even output

Answer 2

Fixed costs / contribution per unit
Or
Fixed cost / SP - variable cost per unit

Question 3

Margin of safety

Answer 3

Current level of sales - break even output
————————————————-
Current level of sales

Or
Actual output : BE output

Question 4

Turnover

Answer 4

Number of staff leaving during a year
——————————————— x 100
Av number of staff

Question 5

Market share

Answer 5

Sales of a business / total market sales x 100

Question 6

Market growth

Answer 6

This years market sales - last years
/ last years market sales x 100

Question 7

Per cent capacity

Answer 7

Existing output over given time period / maximum possible output over a given time period

Question 8

Contribution

Answer 8

Revenue - variable costs

Question 9

Profit

Answer 9

Contribution - fixed costs

Question 10

Contribution per unit

Answer 10

Selling price per unit (1) - variable costs of producing that unit

Question 11

Break even

Answer 11

Fixed costs / contribution per unit
Or
Fixed costs / selling price - variable costs

Question 12

Margin of safety

Answer 12

Actual or expected sales / break even