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ACCT 2302 > chapter 6 - breakeven analysis part ii > Flashcards

chapter 6 - breakeven analysis part ii Flashcards

1
Q

SP denotes

A

selling price

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2
Q

FC denotes

A

fixed cost

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3
Q

What is the equation for the CM Ratio?

A

CM Ratio = 1 - Unit VC/ Unit SP)

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4
Q

VC denotes

A

variable cost

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5
Q

Equation for break-even point in units sold

A

Fixed expenses / Unit contribution margin

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6
Q

Equal for break-even point in total sales dollars

A

Fixed expenses / CM ratio

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ACCT 2302 (95 decks)

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