ACC 312 Final Exam
Formulas latest
update already graded
A+
What are the formulas for calculating Pre-Tax
Income? - answer Sales - Variable Costs - Fixed
Costs
(Unit CM * #of Units) - Fixed Costs
After-Tax Income / (1 - tax rate)
What is the formula for calculating Breakeven
Point (in units)? - answer Fixed Costs / Unit CM
What is the formula for calculating Breakeven
Point (in $)? - answer Fixed Costs / CM Ratio
What is the formula for calculating Contribution
Margin (CM)? - answer Selling Price per Unit -
Variable Cost per Unit
Formulas latest
update already graded
A+
What are the formulas for calculating Pre-Tax
Income? - answer Sales - Variable Costs - Fixed
Costs
(Unit CM * #of Units) - Fixed Costs
After-Tax Income / (1 - tax rate)
What is the formula for calculating Breakeven
Point (in units)? - answer Fixed Costs / Unit CM
What is the formula for calculating Breakeven
Point (in $)? - answer Fixed Costs / CM Ratio
What is the formula for calculating Contribution
Margin (CM)? - answer Selling Price per Unit -
Variable Cost per Unit