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Gravity
Terms in this set (23)
Unit Variable Cost
change in cost/ change in volume
Fixed Cost
TC-VC
Total Cost
VC + FC
Total Fixed Cost
total manufacturing cost- total variable cost
sales - VC - FC
INCOME
CM
Sales- Variable Cost
CM per unit
sales price per unit- variable cost per unit
CM %
variable expense per unit/ sales per unit
Income increase
CM per unit * additional units
increase sales revenue
CM %* GIVEN
Operating Income
(price x number of units sold) - (variable cost per unit x number of units sold) - total fixed cost
Total Revenue
TVC+TFC
Break-Even Units
FC/CM per unit
Break even sales
FC/CM Ratio
CM Ratio 1
Total CM/ Total Rev
CM Ratio 2
CM per unit/selling price per unit
CM Ratio 3
1-VC ratio
Variable Cost Ratio
VC/Sales
WACM
(CM per unit of A x Sales % mix of A) + (CM per unit B x Sales % mix B )
Break Even in Total
Fixed Costs/WACM
Margin of Safety
Planned Sales - Break even sales
Margin of Safety Ratio
Margin of Safety/ Planned Sales
Operating Leverage
CM/Profit
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