Cal Poly Bus 215 Li Dang Midterm #2
studyset verified to pass 2025/2026
P - correct answer ✔Selling Price per Unit
Q - correct answer ✔Units Sold
V - correct answer ✔Variable Cost per unit
F - correct answer ✔Total Fixed expenses
Profit Formula #1 - correct answer ✔CM - F
Profit Formula #2 - correct answer ✔(P-V) x Q -F
Profit Formula #3 - correct answer ✔Unit CM x Q - F
CM Ratio # 1 - correct answer ✔CM/ Sales
CM Ratio #2 - correct answer ✔(P - V)/ P
Contribution Margin - correct answer ✔Sales x CM Ratio
Changes in CM - correct answer ✔Changes in Sales x CM Ratio
studyset verified to pass 2025/2026
P - correct answer ✔Selling Price per Unit
Q - correct answer ✔Units Sold
V - correct answer ✔Variable Cost per unit
F - correct answer ✔Total Fixed expenses
Profit Formula #1 - correct answer ✔CM - F
Profit Formula #2 - correct answer ✔(P-V) x Q -F
Profit Formula #3 - correct answer ✔Unit CM x Q - F
CM Ratio # 1 - correct answer ✔CM/ Sales
CM Ratio #2 - correct answer ✔(P - V)/ P
Contribution Margin - correct answer ✔Sales x CM Ratio
Changes in CM - correct answer ✔Changes in Sales x CM Ratio
