BREAK EVEN FORMULAS: 5.5 IB BUSINESS MANAGEMENT
0.0(0)
Studied by 7 people
Call Kai
Learn
Practice Test
Spaced Repetition
Match
Flashcards
Knowt PlayCard Sorting
1/11
Earn XP
Description and Tags
5.5 break even formulas
Last updated 1:20 AM on 11/8/24
Name | Mastery | Learn | Test | Matching | Spaced | Call with Kai |
|---|
No analytics yet
Send a link to your students to track their progress
12 Terms
1
New cards
Break even quantity
fc/ sp - avc
2
New cards
contribution per unit
price per unit - variable cost per unit
3
New cards
total contribution
total revenue - total variable cost
4
New cards
total contribution
contribution per unit * number of units sold
5
New cards
profit
tc - tfc
6
New cards
break even point
fc - contribution per unit
7
New cards
margin of safety
current output - breakeven output
8
New cards
total revenue
p * q
9
New cards
total costs
tfc + tvc
10
New cards
p * q is the same as
tfc + tvc
11
New cards
target profit output
fc + target profit/ contribution per unit
12
New cards
break even revenue
fc/ contribution per unit * price per unit
Explore top notes
Chapter 1 - Keys to Studying Chemistry: Definitions, Units, and Problem-Solving
Updated 1438d ago0.0(0)
Chapter 1 - Keys to Studying Chemistry: Definitions, Units, and Problem-Solving
Updated 1438d ago0.0(0)
