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14 Cards in this Set
- Front
- Back
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Break-even point |
Fixed costs/contribution per unit = number of units to break even |
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Contribution per Unit |
Selling price - variable costs |
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Margin of safety |
Current output - break even point / current output |
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Target profit |
Fixed costs + target profit / contribution per unit = number of units of output |
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Contribution to sales ratio |
Contribution / sales |
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Prime cost |
All direct costs |
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Marginal cost |
All direct other than fixed production and non production |
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Absorption cost |
All costs other than non-production |
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Fixed cost |
Total cost remains constant, cost per unit decreases per output |
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Variable cost |
Total cost increases with output, cost per unit constant |
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Semi variable cost |
Part fixed, part variable. Tell what's fixed using high low method |
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Stepped fixed |
Same increment level each time |
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EOQ |
Square root of 2*C*D/H |
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Interpolation |
Low cost of capital + ((NPV at lower / NPV at lower +NPV at higher) X difference between high and low cost of capital) = IRR |
