11:50 Back ASSIGNMENT 2 - PRICIN... Pricing Formulas Sales Revenue Total Variable Costs Profit- Total Costs- Break Even Volume (Units)- Break Even S Sales Contribution unit Target Contribution Required Units Mark up Percentage on Sales or Gross Margin Total units sold x Selling price per unit Total units sold x Variable cost per unit Revenue-Total Costs Fixed Costs + Total Variable Costs Fixed Costs (5) (Selling price per unit - Variable cost per unit) Break even quantity (units) X Selling Price per unit Selling price per unit - Variable cost per unit Total Fixed Costs + Target Profit ($) Gross margin contributed per unit (Selling price costs) x 100 Selling price Tip-Always round to a full number when doing breakeven analysis - you need to round up when you are talking about people or products