Formulas For Test 1 Flashcards
1
Q
Prime cost per unit
A
DM+DL
2
Q
Contribution Margin per unit
A
Sales Price - VC
3
Q
Gross Margin per unit
*change units
A
Sales Price - VC
Sales Price -Sum(DM DL MOH ) -(MOH/Number of units)
4
Q
Conversion cost per unit
*change units
A
MOH+DL
DL+MOH+(MOH/Number of units)
5
Q
Variable Cost per unit
A
Sum of DL, DM, MOH, SG&A
DM+DL+VMOH
6
Q
Full Absorption per unit
*change the units
A
Sum ( DL,DM,MOH)+(MOH/Number of units)
DM+DL+VMOH+FMOH
7
Q
Variable production cost per unit
A
DM+DL+VMOH
8
Q
Full Cost per unit
A
DM+DL+VMOH+FMOH+FSG&A+VSG&A
