Businesss Formulas Unit 2 Flashcards
1
Q
Net cash flow
A
Cash inflows - cash outflows
2
Q
Closing balance
A
Opening balance + net cash flow
3
Q
Total costs
A
Fixed costs + variable costs
4
Q
Total variable costs
A
Total costs - fixed costs
5
Q
Contribution per unit
A
Selling price - variable costs per unit
6
Q
Break - even point
A
Fixed costs / contribution per unit
7
Q
Margin of safety
A
Actual output - break-even output
8
Q
Variance analysis
A
Budgeted figure - actual figure
9
Q
Capacity utilisation
A
Actual output / maximum output x100
