Edexcel Business A Level 2.2

The break-even point is where revenue equals costs, so no profit is made yet.

At what point will the break-even point be reached?

Lister's Lifting Gym PLC are making a sales forecast, which of these is incorrect:

What is the correct formula for sales revenue?

How much revenue will you gain per period if annual volume was at 777,000 at a fixed price of £0.59 to 3.sf

Are 'costs increasing' a limitation of break-even analysis?

Which one of these factors affect sales forecasting is an example of actions of competitors?

Which is the correct formula using contribution to calculate break-even point?

Which of the following is not a difficulty within a sales forecast?

Which of these is not an economic variable?

What is the formula for total variable costs?

Lister's Lifting boss is writing a budget for the first time, what difficulties may he face?

Which one of the following is an example of a fixed cost?

Calculate the margin of safety (actual sales 4,000 units @£25 per unit) (contribution margin per unit =£15) (FC=£25,000)

What type of budget is a zero-based budget?

True or False, consumer trends will strongly impact sales forecast when in a dynamic market.

Historical budgets are based on current financial figures

What is the break-even formula ?