Manning Flashcards
(9 cards)
1
Q
Market growth
A
Sales in yr2-yr1/total in yr1
2
Q
Market share
A
Sales of business/total sales in market x100
3
Q
Break even
A
Fixed costs/contribution per unit
4
Q
Contribution per unit
A
Selling price-variable costs
5
Q
Total contribution
A
(Selling price-variable costs) x output
6
Q
Margin of safety
A
Current of output-breakeven output
7
Q
Total costs
A
Fixed+variable costs
8
Q
Revenue
A
Selling price x quantity sold
9
Q
Profit
A
Total revenue-total costs
