# Accounting and Finance Exam

• Created by: ZacBudd
• Created on: 30-05-18 16:27
How do you calculate contribution per unit?
Selling price per unit - Variable cost per unit
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How do you find the total absorption cost per unit?
total variable cost + fixed overhead cost per unit.
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How do you find the Contribution to sales ratio (CS ratio)?
contribution per unit/selling price per unit.
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How do you find the Sales Level needed to make required profit?
(Fixed costs + required profit)/contribution per unit
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How do you find the Break-even point (BEP) in units?
Fixed costs/contribution per unit
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How do you find the BEP in £ sales revenue?
(Fixed costs/contribution per unit) x selling price OR Fixed costs/CS ratio
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How do you find the Margin on safety (M of S) in units?
budgeted sales units – break-even sales units
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How do you find the M of S as a percentage?
(M of S in units/budgeted sales) x 100
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How do you find the M of S in £ sales revenue?
(budgeted sales units – break-even sales units) x selling price
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How do you find the Contribution per limiting factor?
contribution per unit/amount of scarce resource used.
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## Other cards in this set

### Card 2

#### Front

How do you find the total absorption cost per unit?

#### Back

total variable cost + fixed overhead cost per unit.

### Card 3

#### Front

How do you find the Contribution to sales ratio (CS ratio)?

### Card 4

#### Front

How do you find the Sales Level needed to make required profit?

### Card 5

#### Front

How do you find the Break-even point (BEP) in units?

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