The Student Room Group

Help with as business please :) xx

IF ANYONE HAS ALL THE FORMULAS FOR UNIT 1 AS BUSINESS, THAT WOULD BE BRILL TO HAVE! TOTAL CONTRIBUTION AND ALL THAT LA LA! THANKS XX :eek:
Reply 1
Profit = Total Revenue - Total Costs
Profit = (Contribution x Quantity sold) - Fixed Costs
Total Revenue = Selling Price x Quantity Sold
Total Costs = Fixed Costs + (Total) Variable Costs
(Total) Variable Costs = Variable Costs per unit x Quantity Sold
Break Even (Units) = Fixed Costs/Contribution
Contribution = Selling Price per unit - Variable Costs per unit
Variable cost per unit = Total Variable Costs/Quantity Sold

Hope this helps :smile:

Edit: To figure out Total Contribution, its just Contribution per unit x Quantity Sold
So, Total Contribution = (Selling price per unit - Variable costs per unit) x Quantity Sold
(edited 13 years ago)
Reply 2
Thank you so much Saf94 this is brill!

good luck with your exams!

xx:smile:

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