Business UNIT 1 Formulas - Mrs Rees
- Created by: Rumnique
- Created on: 25-04-15 15:27
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- Business Unit 1 Formulas
- Market Size- Value (£)
- Total number of units sold in market X Average Selling Price
- Added Value
- Sales Revenue - Costs of brought in goods and services
- Market Size- Volume (units)
- Total number of units sold in the market
- Market Share
- Sales if a product or business / Total sales in market X 100
- Market Growth
- Change in market / Original market size X100
- Total Revenue
- Selling price per unit X Number of units sold
- Total Variable Costs
- Variable costs per unit X Number of units produced or sold
- Total Costs
- Total fixed costs + Total variable costs
- Profit
- Total revenue - Total costs
- Contribution Per Unit
- Selling price per unit - Variable costs per unit
- Total Contribution
- Contribution per unit X units produced or sold
- Total revenue - Total variable costs
- Contribution per unit X units produced or sold
- Break Even Output
- Fixed costs / Contribution per unit
- Market Size- Value (£)
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