Component one calculations 1.0 / 5 based on 1 rating ? Business StudiesCalculationsASWJEC Created by: bigdonnysmithCreated on: 23-03-18 11:58 REVENUE number of items sold X Selling Price 1 of 26 PROFIT sales revenue – total costs 2 of 26 CALCULATE A % INCREASE % increase = Increase ÷ Original Number × 100 3 of 26 CALCULATE % DECREASE % Decrease = Decrease ÷ Original Number × 100 4 of 26 MARKET SHARE OF THE COMPANY firm’s earnings / industries earning 5 of 26 VARIABLE COSTS number of items sold X Variable cost per unit 6 of 26 TOTAL COSTS Fixed Costs + Variable Cost 7 of 26 BREAK-EVEN POINT Fixed Cost/Contribution 8 of 26 CONTRIBUTION selling price – variable cost per unit 9 of 26 MARGIN OF SAFETY Actual Sales (or expected sales) – Break even output 10 of 26 GROSS PROFIT Sales Revenue – Cost of Sales 11 of 26 COST OF SALES opening stock + purchases – closing stock 12 of 26 NET PROFIT Gross Profit - Expenses 13 of 26 GROSS PROFIT MARGIN (%) Gross profit / turnover x 100 14 of 26 NET PROFIT MARGIN (%) Net Profit / Turnover x 100 15 of 26 NET CASH FLOW Total income – Total Expenses 16 of 26 OPENING BALANCE closing balance from previous month 17 of 26 CLOSING BALANCE Net Cash Flow + Opening Balance 18 of 26 SALES VARIANCE Actual Sales – Budgeted Sales 19 of 26 COSTS VARIANCE Budgeted Amount – Actual Amount 20 of 26 LABOUR TURNOVER (number of staff leaving in a year / average number of staff employed) X 100 21 of 26 ABSENTEEISM RATE (days absent / number of potential working days) X 100 22 of 26 LABOUR PRODUCTIVITY total output per period of time / number of employees per period of time 23 of 26 CAPITAL PRODUCTIVITY output / capital employed 24 of 26 CAPACITY UTILISATION (output / capacity) X 100 25 of 26 ADDED VALUE selling price – costs of input 26 of 26
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