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Description
Flashcards by Liz Barraclough, updated more than 1 year ago
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Created by Liz Barraclough
about 6 years ago
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| Question | Answer |
| Contribution | Selling Price per unit less Variable Cost per unit |
| Break Even | Total Fixed Costs/ Contribution per unit |
| Margin of Safety | Budgeted Activity less break even point/ Budgeted Activity |
| Target Profit | Total Fixed Costs plus Target Profit/ Contribution per unit |
| Profit/Volume Ratio | Contribution per unit/ Selling Price per unit |
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