Back to Topic 5.5 — Break-even analysis
5.5.5BM7 flashcards

Target profit and target price (HL only)

Practice Flashcards

Flip to reveal answers
Card 1 of 75.5.5
5.5.5
Question

Target profit output = (FC + target profit) ÷ ___

Click to reveal answer

Track your progress — Sign up free to save your progress and get smart review reminders based on spaced repetition.

All 7 Flashcards — Target profit and target price (HL only)

Sign up free to track progress and get spaced-repetition review schedules.

Card 1concept

Question

Target profit output = (FC + target profit) ÷ ___

Answer

Contribution per unit.

💡 Hint

CPU

Card 2definition

Question

Target profit output formula?

Answer

(Fixed costs + Target profit) ÷ Contribution per unit.

💡 Hint

(FC + TP) ÷ CPU

Card 3definition

Question

Target price formula?

Answer

(FC ÷ forecasted output) + VC per unit + (Target profit ÷ forecasted output).

💡 Hint

FC/output + VC + TP/output

Card 4concept

Question

Show all ___ in target profit/price exam calculations

Answer

Working — method marks available even if final answer is wrong.

💡 Hint

Working

Card 5example

Question

FC=$50k, VC=$10, price=$30, target profit=$20k. Target output?

Answer

CPU = $20. Target output = ($50k + $20k) ÷ $20 = 3,500 units.

💡 Hint

3,500 units

Card 6example

Question

FC=$50k, output=5000, VC=$10, target profit=$20k. Target price?

Answer

($50k ÷ 5000) + $10 + ($20k ÷ 5000) = $10 + $10 + $4 = $24/unit.

💡 Hint

$24/unit

Card 7concept

Question

Target profit/price extends break-even by asking ___

Answer

How many units OR what price needed to achieve a SPECIFIC profit goal — beyond just covering costs.

💡 Hint

Specific profit goal

Track your progress with spaced repetition

Sign up free — Aimnova tells you exactly which cards to review and when, so you remember everything before your IB exam.

Start Free