Flashcards in Marginal Costing Deck (7):
The amount left from revenue after all variable costs have been deducted.
This contributes to fixed costs and then profit.
Break even output formula
Total fixed costs / (Selling price - Varibale costs)
Break even revenue formula
Break even output X Selling Price
Contribution to Sales ratio
Total Contributuon / Sales
Units at Desired Profit
Break Even Revenue formula
Total Fixed Costs / CS ratio
Marginal Cost Table