Manangent Accounting Formula's : Pricing + Relevant costing Flashcards

1
Q

Price based mark-up?

A

Cost + mark-up %

Full cost plus = + fixed overheads

Marginal cost plus = variable costs ONLY

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2
Q

Price based on margin ?

A

Cost/(1- margin percentage )

Cost plus full = + fixed overheads

Marginal cost plus = + variable costs ONLY

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3
Q

Contribution per limiting factor ?

A

Contribution per unit / amount of scarce resource used

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