Equations - Business Unit 1 1.5 / 5 based on 2 ratings ? Business StudiesASAQA Created by: Rachael JenkinsCreated on: 01-01-13 15:20 Revenue Selling price x Items sold 1 of 11 Contribution Selling price - Variable costs 2 of 11 Break Even Output Fixed costs / Contribution per unit 3 of 11 Margin of Safety Output - Break even output 4 of 11 Closing Balance Opening balance + Net cash flow 5 of 11 Variance Budget - Actual 6 of 11 Gross Profit Revenue - Variable Costs 7 of 11 Net Profit Revenue - Total costs 8 of 11 Total Costs Fixed costs + Variable costs 9 of 11 Total Contribution Contribution per unit x Units sold 10 of 11 Break Even Fixed Costs / Contribution per unit 11 of 11
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