Managerial accounting quiz 2 Flashcards
1
Q
Contribution margin ratio
A
Contribution Margin/Sales
2
Q
Variable expense ratio
A
Variable expenses/Sales
3
Q
Break-even (dollars)
A
NOI = 0
4
Q
Break-even (Units)
A
NOI=0
(SPQ-VCQ)-FE=0
5
Q
Margin of Safety in dollars
A
Actual sales - break even sales
6
Q
Margin of safety %
A
Margin of safety dollars/sales
7
Q
A