BTEC UNIT 7 Business Decision Making: FORMULAS with Complete Solutions

Net Cash Flow (Cash Flow Forecast) - ANSWER-= Total Income (inflows) - Total Expenses (Outflows) Closing Balance (Cash Flow Forecast) - ANSWER-= Opening Balance + Net Cash Flow Total Cost - ANSWER-= Fixed Costs + Variable Costs Cost per Unit (Average Total Cost) - ANSWER-= Total Cost / Output Variable Cost per Unit - ANSWER-= Total Variable Cost / Output Total Variable Cost - ANSWER-= Variable Cost per Unit x Output Revenue - ANSWER-= Price x Quantity Sold Contribution per Unit - ANSWER-= Price - Variable Cost per Unit Total Contribution - ANSWER-= Total Sales Revenue - Total Variable Cost Break-even Output - ANSWER-= Fixed Cost / Contribution per Unit Margin of Safety (Units) - ANSWER-= Current Sales in Units - Break Even in Units Margin of Safety (Value) - ANSWER-= Current Revenue - Revenue at Break-even Profit - ANSWER-= Revenue - Total Cost Profit (Contribution Method) - ANSWER-= [(Price - VC per unit) x Quantity Sold] - Fixed Costs Gross Profit (Statement of Comprehensive Income) - ANSWER-= Revenue - Cost of Goods Sold