WGU D101: Complete Guide to Cost and Managerial Accounting Formulas

WGU D101: Complete Guide to Cost and Managerial
Accounting Formulas

ACTIVITY RATE - correct answer ✔✔Activity Cost Pool Overhead / Total Cost Driver Activity



INVENTORY FLOW - correct answer ✔✔BEGINNING UNITS

+ UNITS ADDED/PURCHASED

- ENDING NITS

= UNITS COMPLETED



CVP EQUATION - correct answer ✔✔Sales Revenue - Variable Costs - Fixed Costs = Profit



CONTRIBUTION MARGIN PER UNIT - correct answer ✔✔SELLING PRICE PER UNIT - VARIABLE COST PER
UNIT



CONTRIBUTION MARGIN INCOME STATEMENT - correct answer ✔✔SALES REVENUE

- VARIABLE COSTS

= CONTRIBUTION MARGIN

- FIXED COSTS

= NET INCOME (LOSS)



CONTRIBUTION MARGIN RATIO - correct answer ✔✔VARIABLE COSTS / SALES



BREAKEVEN POINT IN UNITS - correct answer ✔✔FIXED COSTS / CONTRIBUTION MARGIN PER UNIT



BREAKEVEN POINT IN SALES DOLLARS - correct answer ✔✔FIXED COSTS / CONTRIBUTION MARGIN
RATIO