he was the one who introduced the slovin's formula, the estimated sample size given the population size and margin of error
{100 * (30 / 100)} + 100 = 130
Formula to calculate breakeven point is as follows: Break even point = Fixed cost / contribution margin Contribution margin = Sales - Variable cost
Margin = (1-[cost/selling price]) x 100
in marathi "margin" means "samas"
Contribution of margin safety x margin of safety
n=N/1+Ne2 sample size= population size/ 1+ population size* (error margin)2
Formula for contribution margin ratio = Sales
he was the one who introduced the slovin's formula, the estimated sample size given the population size and margin of error
sales-variable cost= contribution
Formula for calculating average Contribution margin Average contribution margin = total contribution margin / total number of units
The selling price is the cost plus the margin. If you know the margin as a fixed value and the cost was in cell A2 and the margin in B2, in C2 you could put the following formulas: =A2+B2 If the margin is a percentage of the cost and the margin is in B2, then the formula would be: =A2+A2*B2
Slovin's formula is a mathematical formula used to determine the sample size needed for a survey or study. It takes into account the population size, desired level of confidence, and margin of error to calculate the appropriate sample size for a given study. It is commonly used in statistics and research to ensure accurate and reliable results.
Formula for contribution margin ratio = Sales – Variable cost / Sales
The gross margin formula is gross profit divided by revenue. The gross profit and revenue amounts can be found by looking at a companies income statement.
You take the Earning before interest and taxes (EBIT)/sales=Operating profit margin
Formula for Breakeven point: Breakeven point = Fixed Cost / Contribution margin ratio Contribution margin ratio = Sales / contribution margin Contribution margin = sales - variable cost