Break even Flashcards

1
Q

Contribution per unit

A

Selling Price – Variable cost per unit

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

Break Even Point

A

Fixed Cost ÷ Contribution per unit

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

Margin of Safety

A

Actual Output – Break Even output

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

Total contribution

A

Total revenue – total variable costs

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