12611144
Description
Flashcards by Liz Barraclough, updated more than 1 year ago
|
|
Created by Liz Barraclough
over 6 years ago
|
|
| Question | Answer |
| Contribution | Selling Price per unit less Variable Cost per unit |
| Break Even | Total Fixed Costs/ Contribution per unit |
| Margin of Safety | Budgeted Activity less break even point/ Budgeted Activity |
| Target Profit | Total Fixed Costs plus Target Profit/ Contribution per unit |
| Profit/Volume Ratio | Contribution per unit/ Selling Price per unit |
Want to create your own Flashcards for free with GoConqr? Learn more.