Core 2 Formulas
Study Guide.pdf
_ Complete Mathematics Formula
Core 2 Formulas
Study Guide.pdf
_ Complete Mathematics Formula Study Guide.pdf
Core 2 Formulas | Complete
Mathematics Formula Study Guide
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Core 2 Formulas _ Complete Mathematics Formula
Core 2 Formulas
Study Guide.pdf
_ Complete Mathematics Formula
Core 2 Formulas
Study Guide.pdf
_ Complete Mathematics Formula Study Guide.pdf
,Core 2 Formulas.pdf Core 2 Formulas.pdf Core 2 Formulas.pdf
Terms in this set (159)
Contribution Margin c)
Sales - variable costs
CM ratio CM / sales value
Break-even (units) - one product Fixed cost/CM per unit
Core 2 Formulas.pdf Core 2 Formulas.pdf Core 2 Formulas.pdf
,Core 2 Formulas.pdf Core 2 Formulas.pdf Core 2 Formulas.pdf
Break-even (ratio) - one product Fixed cost / CM ratio
Break-even (units) - multiple products Fixed cost / WACM per unit
Break-even (dollars) - multiple products Fixed cost / WACM ratio
WACM per unit Total CM / Total Units
WACM ratio Total CM/Total Sales
Target profit sales (units) (fixed costs + target profit) / CM per unit
contribution margin per unit sales price per unit - variable cost per unit
Target profit sales (dollars) (fixed costs + target profit) / contribution margin ratio
Cost Function formula TC = VC * X + FC
Core 2 Formulas.pdf Core 2 Formulas.pdf Core 2 Formulas.pdf
, Core 2 Formulas.pdf Core 2 Formulas.pdf Core 2 Formulas.pdf
Period Costs costs that are taken directly to the income statement as expenses in the
period in which they are incurred or accrued
Product Costs All costs that are involved in acquiring or making a product. In the case
of manufactured goods, these costs consist of direct materials, direct
labor, and manufacturing overhead.
Direct Materials Materials that become an integral part of a finished product and whose
costs can be conveniently traced to it.
Core 2 Formulas.pdf Core 2 Formulas.pdf Core 2 Formulas.pdf