Business UNIT 1 Formulas - Mrs Rees

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  • Created by: Rumnique
  • Created on: 25-04-15 15:27
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  • Business Unit 1 Formulas
    • Market Size- Value (£)
      • Total number of units sold in market X Average Selling Price
    • Added Value
      • Sales Revenue - Costs of brought in goods and services
    • Market Size- Volume (units)
      • Total number of units sold in the market
    • Market Share
      • Sales if a product or business / Total sales in market X 100
    • Market Growth
      • Change in market / Original market size X100
    • Total Revenue
      • Selling price per unit X Number of units sold
    • Total Variable Costs
      • Variable costs per unit X Number of units produced or sold
    • Total Costs
      • Total fixed costs + Total variable costs
    • Profit
      • Total revenue - Total costs
    • Contribution Per Unit
      • Selling price per unit - Variable costs per unit
    • Total Contribution
      • Contribution per unit X units produced or sold
        • Total revenue - Total variable costs
    • Break Even Output
      • Fixed costs / Contribution per unit

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