Business Studies 1.0 / 5 based on 1 rating ? Business StudiesASAQA Created by: Jess TuckerCreated on: 10-12-12 19:37 What is the margin of safety? The difference between sales revenue and variable costs 1 of 6 What is contribution? The difference between sales revenue and variable costs 2 of 6 What is the calculation for contribution per unit? Selling price - variable costs 3 of 6 What is the calculation for break even output? Total contribution - fixed costs 4 of 6 What is the calculation for total contribution? Unit contribution x no. of units sold 5 of 6 What is the calculation for profit? Using the contribution method. Total contribution - fixed costs 6 of 6
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