A-Level Business Formulas AQA Latest Exam Questions And Complete Solutions.
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Course
A-level BUSINESS
Institution
A-level BUSINESS
Total Contribution - Answer Total Revenue - Total Variable Costs
Contribution Per Unit - Answer Selling Price(per unit) - Variable Cost(per unit)
Break Even Point - Answer Fixed Costs ∻ Contribution Per Unit
Margin of Safety - Answer Actual level of Output - Breakeven level o...
A-Level Business Formulas AQA Latest
Exam Questions And Complete
Solutions.
Total Contribution - Answer Total Revenue - Total Variable Costs
Contribution Per Unit - Answer Selling Price(per unit) - Variable Cost(per unit)
Break Even Point - Answer Fixed Costs ∻ Contribution Per Unit
Margin of Safety - Answer Actual level of Output - Breakeven level of Output
Market Size(VOLUME) - Answer Is the quantity of goods & services produced in a particular market
over a period of time (1 year)
Market Size(VALUE) - Answer Is the total sales revenue generated from selling all of the good & services
produced in a particular market over a period of time ( 1 year)
Sales Volume - Answer Is the quantity of goods & services produced by a particular business over a
period of time ( 1 year)
Sales Value - Answer Is the total sales revenue of a particular business over a period of time ( 1 year)
Market Growth % in year X - Answer Change in size of the market between year (x-1) and year x ∻ Size
of market in yr (x-1)
Market Share % - Answer Sales of one product/brand/business ∻ Total Sales in Market x 100
Sales Growth % in year X - Answer Change in sales of product/business between yr (X-1) and yr X ∻
Sales of product/business in yr (X-1)
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