Business Calculations 1.0 / 5 based on 1 rating ? Business StudiesProfitRevenueBusiness calculationsGCSEAQA Created by: La BibliothèqueCreated on: 17-11-18 19:43 What is the equation for sales revenue? Revenue = price x units sold 1 of 6 Equation for total costs? Total costs = Fixed costs + variable costs 2 of 6 Equation for profit/loss? Profit/loss = total revenue - total costs 3 of 6 Equation for break even? Break even = Fixed cost ÷ (selling price - variable cost per unit) 4 of 6 Equation for contribution? contribution = selling price - varible costs per unit 5 of 6 Equation for Margin of safety? Margin of safety = quantity of goods sold - break even 6 of 6
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