This preview shows page 1. Sign up to view the full content.
Unformatted text preview: The price charged to customers for the products they purchase. MU = Mark Up The cash amount added to the variable cost that determines the unit selling price of a product. PP = Projected Profit The projected profit objective a company establishes as a benchmark to achieve over a given time period. U = Unit a single measure of a product or service. R = Revenue The cash that flows into the company. T = Total Equals the sum of a series of numbers. (Example: TVC means total variable cost or total cost.) G = Goal Goal, in this exercise, is the benchmark point for reaching the projected objective. CC = Contribution to Cause The cause (fixed cost or profit) to which mark-up revenue is applied. The Breakdown Analysis Formulas BE = _ FC_ = FC = BEU SP-VC MU PPU = _PP = PP = PPU SP-VC MU...
View Full Document
This note was uploaded on 08/30/2011 for the course BUS 121 taught by Professor Staff during the Spring '11 term at Community College of Philadelphia.
- Spring '11