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
2
Q
Price based on margin ?
A
Cost/(1- margin percentage )
Cost plus full = + fixed overheads
Marginal cost plus = + variable costs ONLY
3
Q
Contribution per limiting factor ?
A
Contribution per unit / amount of scarce resource used