Business Finance - Unit

What is the equation for Total revenue in Break-even Analysis?

• Selling price x quantity sold

• Fixed cost x quantity sold

• Variable cost + Fixed cost

• Selling price - Variable cost

What is the equation for Total costs in Break-even Analysis?

• Fixed costs + total variable costs

• Fixed costs - total variable costs

• Total variable costs - fixed costs

• Fixed costs x total variable costs

What is the equation for Profit in Break-even Analysis?

• Total revenue – total costs

• Total costs – total revenue

• Total revenue + total costs

• Total costs / total revenue

What is the equation for Total contribution in Break-even Analysis?

• Sales revenue – total variable costs

• Total fixed costs + total variable costs

• Sales revenue – total fixed costs

• Total variable costs – total fixed costs

What is the equation for Contribution (per unit) in Break-even Analysis?

• Selling price – variable costs per unit

• Fixed costs + variable costs per unit

• Selling price + fixed costs per unit

• Variable costs per unit – selling price

What is the equation for Profit (using contribution) in Break-even Analysis?

• Contribution per unit x margin of safety

• Fixed costs x margin of safety

• Sales revenue x margin of safety

• Variable cost per unit x margin of safety

What is the equation for Break even point in Break-even Analysis?

• Fixed costs / (selling price – variable costs) or Fixed costs / contribution per unit

• Variable costs / (selling price – fixed costs)

• Fixed costs x selling price

• Selling price / (fixed costs – variable costs)

What is the equation for Break even output in Break-even Analysis?

• Actual output – break even output, or: Annual sales – break even level of output

• Fixed costs / Contribution per unit

• Total revenue – Total cost

• Variable cost / Sales

What is the equation for Revenue in Statement of Comprehensive Income?

• Unit price x quantity sold

• Total assets x liabilities

• Net profit x tax rate

• Operating expenses x interest rate

What is the equation for Gross profit in Statement of Comprehensive Income?

• Sales revenue - cost of goods sold

• Sales revenue + cost of goods sold

• Cost of goods sold - sales revenue

• Sales revenue x cost of goods sold