Breakeven Output (AQA A-Level Business): Flashcards

Money left after variable costs deducted from sales revenue

Sales revenue - Variable costs

Sales price per unit - Variable cost per unit

Where business makes neither profit nor loss

Fixed costs ÷ Contribution per unit

Unit contribution × Output

Total contribution - Fixed costs

Fixed costs (profit = zero)

Costs that change with output levels

Costs that remain constant regardless of output