MBUS 300 Accounting Exam 3
Formula Sheet questions well
answered
A = L + E - CORRECT ANSWER ✔✔Assets = Liabilities + Equity
Cost Per Unit - CORRECT ANSWER ✔✔DM + DL + OH / Units Made
Cost of Goods Sold (COGS) - CORRECT ANSWER ✔✔Cost Per Unit x # Sold
Depreciation, Straight Line - CORRECT ANSWER ✔✔cost-salvage/useful life
Gross Margin - CORRECT ANSWER ✔✔Selling Price - COGS
Overhead (OH) - CORRECT ANSWER ✔✔Depreciation / Units Made
Selling Price (x) - CORRECT ANSWER ✔✔x - COGS = GM
Dollars for OH (tax) - CORRECT ANSWER ✔✔(Total Hours x Tax Hours) x Hours Required
Dollars for OH (audit) - CORRECT ANSWER ✔✔(Total Hours x Audit Hours) x Hours Required
Variable Cost (VC) - CORRECT ANSWER ✔✔VC Per Unit / Units Made
Magnitude of Operating Leverage - CORRECT ANSWER ✔✔CM / NI
Formula Sheet questions well
answered
A = L + E - CORRECT ANSWER ✔✔Assets = Liabilities + Equity
Cost Per Unit - CORRECT ANSWER ✔✔DM + DL + OH / Units Made
Cost of Goods Sold (COGS) - CORRECT ANSWER ✔✔Cost Per Unit x # Sold
Depreciation, Straight Line - CORRECT ANSWER ✔✔cost-salvage/useful life
Gross Margin - CORRECT ANSWER ✔✔Selling Price - COGS
Overhead (OH) - CORRECT ANSWER ✔✔Depreciation / Units Made
Selling Price (x) - CORRECT ANSWER ✔✔x - COGS = GM
Dollars for OH (tax) - CORRECT ANSWER ✔✔(Total Hours x Tax Hours) x Hours Required
Dollars for OH (audit) - CORRECT ANSWER ✔✔(Total Hours x Audit Hours) x Hours Required
Variable Cost (VC) - CORRECT ANSWER ✔✔VC Per Unit / Units Made
Magnitude of Operating Leverage - CORRECT ANSWER ✔✔CM / NI
