Knowledge Check - BE Formulas
Total Contribution = Total sales - .......................
A
Total Fixed Cost
B
Total Variable Cost
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Total Contribution = Total sales - .......................
A
Total Fixed Cost
B
Total Variable Cost
Slide 1 - Quizvraag
Formula for Contribution per unit
A
Sales per unit - Variable Cost per unit
B
Sales per unit - Fixed Cost per unit
C
Total Sales - Total cost
Slide 2 - Quizvraag
Formula for BEP
A
Fixed Cost/ Sales per unit
B
Fixed Cost / Contribution per unit
C
Fixed Cost / Variable cost per unit
Slide 3 - Quizvraag
Total Costs = Total FC + .........................
A
Variable Cost
B
Total Variable Cost
C
Total Expenses
Slide 4 - Quizvraag
Total Revenue = ............................... x No. of
units sold
units sold
A
Selling price per unit
B
Variable cost per unit
C
Fixed cost per unit
Slide 5 - Quizvraag
What is the Golden Formula for Profit ?
A
Profit = (P x Q) – (FC + TC)
B
Profit = (P x Q) – (FC + TR)
C
Profit = (P x Q) – (FC + VC)
Slide 6 - Quizvraag
Margin of Safety = Actual Sales – ............................
A
Total Sales
B
Break-even Sales
