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MINE_BEC > Chap4 - Decising Making > Flashcards

Chap4 - Decising Making Flashcards

1
Q

What is the formula for conversion cost?

A

CC = DL + OH

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2
Q

True or False:

When Production is greater than sales, Absorption costing income is greater than Variable costing Income

A

TRUE

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3
Q

COMPOSITE UNITS

A

Composite units sold=Total Contribution Margin/Contribution Margin Per Unit

Actual Units Sold=composite units x Actual units per composite unit

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MINE_BEC (6 decks)

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