equations 3 Flashcards
(8 cards)
1
Q
Operating Profit
A
Gross profit - other expenses
2
Q
Profit for year
A
operations profit - other expenses
3
Q
gross profit margin
A
gross profit / sales revenue x 100
4
Q
operating profit margin
A
operating profit / sales revenue x 100
4
Q
contribution per unit
A
selling price per unit - variable cost per unit
5
Q
total contribution
A
total sales - total variable costs
6
Q
break even output
A
fixed costs / contribution per unit
7
Q
margin of safety
A
actual level of output - break even level of output
