GUIDE PRACTICE SET
◉ 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)
◉ Total Costs. Answer: Fixed Costs + Variable Costs
◉ Variable Costs(TOTAL VARIABLE COSTS). Answer: Variable Cost
Per Unit x N.O Units Sold
◉ Total Revenue(SALES REVENUE/TURNOVER). Answer: Selling
Price Per Unit x N.O Units Sold
◉ Market Capitalisation. Answer: N.O Issued Shares x Current Share
Price