Theme 2 Formula Sheet Flashcards
(24 cards)
Break even Output
Fixed Costs / Contribution Per unit
Contribution per unit
Selling price - Variable cost per unit
Total contribution
Contribution per unit x quantity
Margin of safety
Actual output - Break even output
Gross profit
Revenue - Cost of sales
Gross Profit margin
Gross profit / Revenue x 100
Operating profit
Gross profit - operating expenses
Operating profit margin
Operating profit / revenue x 100
Working capital
Current assets - Current liabilities
Productivity
Output per time period
Labour productivity
Output per time period // no of workers / hours worked
Sales volume
Sales revenue / price
Sales revenue
Price x quantity
Total costs
Fixed costs + variable costs
Total variable
Total costs - fixed costs
Total variable
Average variable x output
Average variable
Variable costs / output
Profit
Total revenue - total costs
Net profit
Operating profit - interest or tax
Net profit margin
Net profit / revenue x 100
Current ratio
Current assets/ current liabilities
Acid test ratio
Current assets - stock / current liabilities
Capital productivity
Output per time period/ no of machines
Capacity utilisation
Actual output / maximum output x100
