Business AS Formula's for JUNE 2013

AS Applied Business unit 3 exam

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  • Created by: daniel
  • Created on: 09-05-13 10:38
How do you caculate Break even?
Fixed costs ÷ (price-variable)
1 of 5
How do you caculate revenue?
Price X output
2 of 5
How do you caculate profit?
Total Revenue- total costs
3 of 5
How do you caculate total costs
Variable costs + Fixed costs
4 of 5
How do you calculate margin of safety?
demand-break even output
5 of 5

Other cards in this set

Card 2

Front

How do you caculate revenue?

Back

Price X output

Card 3

Front

How do you caculate profit?

Back

Preview of the front of card 3

Card 4

Front

How do you caculate total costs

Back

Preview of the front of card 4

Card 5

Front

How do you calculate margin of safety?

Back

Preview of the front of card 5

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