Exam 2
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| Contribution Margin | show |
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| Operating Income | show | 1.Contribution Margin
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| Units to be sold to acheive target income using Operating Income | show | Unit Variable cost
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| show | (Fixed cost + Target income)/CM per unit | 1.Unit Variable Cost
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| Varibable cost ratio | show | Unit Variable Cost
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| Contributio Margin ratio (unit or total) | show | 1.Unit variable Cost(if units, 2.Contribution Margin
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| show | (total fixed cost+target income)/ cm ratio | 1.Contribution Margin, 2.CM ratio
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| Unit Variable Cost | show |
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| show | selling price per unit-unit variable cost | 1.Unit variable cost
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| CM ratio+ VC ratio= | show |
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| Contribution Margin Income Statement | (Sales-VC=CM-FC=OI)or(Sales-CGS=GM-Sell-Admin)=OI | show 🗑
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| Package Unit Contribution Margin [per product] | Contribution Margin per unit X Sales mix per unit [per product] | show 🗑
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| Package Contribution Margin | show | 1.Unit variable cost, 2.Contribution Margin per Unit, 3.Package unit [per product]
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| Break-Even packages | show | 1.Unit variable cost, 2.Contribution Margin per Unit, 3.Package unit [per product], 4.Package Contibution Margin
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| Break-Even units [per product] | show | 1.Unit variable cost, 2.Contribution Margin per Unit, 3.Package unit [per product], 4.Package Contibution Margin, 5.Break-Even packages
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| show | lowest possible whole number of units sold ratio |
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| show | Fixed Costs/Contribution Margin Ratio | 1.CM, 2.CM ratio
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| Margin of safety in units | unit sales-break even units | show 🗑
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| Margin of Safety in Sales revenue | (sales-break even sales)or(MOS units X price) | show 🗑
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| Percent Change in Operating Leverage | DOL X % change | show 🗑
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| Expected Operating Income | show | 1.Contribution margin, 2.Operating Income
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| Sales Revenue to achieve a Target Income | show | 1.Contribution Margin, 2.CM ratio
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| show | Total FC/Unit CM | 1.Unit Variable Cost, 2.Unit CM
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| show | Estimated Annual Overhead/Estimated Annual Avtivity level |
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| Applied Overhead | Predetermind Overhead Rate X Actual Activity Level | show 🗑
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| show | Actual overhead- applied overhead | 1.Predetermind Overhead Rate,(actual > applied)=under(actual<applied)=over
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| show | Unadjusted CGS(+under or -over)overhead variance | Overhead Variance
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| Predetermind Departmental Overhead Rate | Estimated Departmental Overhead/estimated dempartmental activity level | show 🗑
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| Target Income Units | show |
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| Variable Cost Ratio | show |
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| WIP | show |
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| show | completed but not sold |
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| CGS | show |
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| show | Units/time |
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| Cycle time | Time/Units | show 🗑
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| Activity OH Rate | Activity Cost/Total activity | show 🗑
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| Per Unit Product Cost | show | 1.Activity OH Rate
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| Percent Change in Operating Income | show |
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| Additional Profit w/ CM | show |
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| consumption ratio | show |
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| activity rate | show |
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| show | activity rate X product activities |
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| activity unit cost | show |
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| activity cost based on activities used | activity rate X product activities used | show 🗑
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| Degree of Operating Leverage(DOL) | show | 1.Contribution margin, 2.Operating Income
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Created by:
ar1356
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