Comerce formulas

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10 Terms

1
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Contribution

Selling price - variable cost

2
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Break even

Fixed costs ÷ contribution per unit

3
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Profit margin

(Profit ÷ Revenue) x 100

4
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Margin of safety

Actual sales - break-even sales

5
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Margin of safety percentage

(Margin of safety ÷ actual sales) x 100

6
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Variance

Actual - budgeted

7
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Variance percentage

(variance ÷ budgeted) x 100

8
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Gross Profit

Sales revenue - COGS

9
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Gross profit margin

(Gross profit ÷ sales revenue) x 100

10
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Net proft margin

(net profit ÷ sales revenue) x 100