Margin Costing Flashcards
1
Q
Income Statement under Absorption Costing
A
2
Q
Income Statement under Margin Costing
A
3
Q
Margin vs Absorption-Example
A
4
Q
PV Ratio
A
5
Q
BE Point
A
6
Q
BE Calculation-sales commission
A
7
Q
Calculation of selling price
A
8
Q
Calculation of capacity sales
A
9
Q
Calculation of sales
A
10
Q
Calculation of sales, FC & PV ratio
A
11
Q
Calculation of profit and sales
Other variables known
A
12
Q
Calculation of FC & Sales
A
13
Q
Calculation of BE
when profit point and loss point are known
A
14
Q
Calculation of new BE when product mix is changed
A
15
Q
Calculation of BE-when RoR given
A
17
Q
Formulas & Variations
- Basic Total Equation (sales, VC, FC, Profit)
- SalesXratio?=? & How
- Fixed Cost=??—-if BES level known
- BE-basic equation
- PV ratio=?? if FC & BES level known
- Contribution=?? if sales and PV ratio are known
- PV ratio basic eq??
- Contribution=??…………When BES, MOS & PV ratio are known
- What is profit P=?? if MOS and PV ratio are known
- What PV ratio’s alternative formula (when change in P level and S level are known)
- What PV ratio’s alternative formula (when change in cont. level and S level are known)
- MOS - two formulas??
A
18
Q
Application of marginal cost Equation
A
19
Q
Calculation of Margin of Safety
A
20
Q
CAlculation of selling Price
A
21
Q
CAlculation of BE
A
22
Q
Calculation of BES & MOS
A
23
Q
Calculation of BE, sales & Profit
A
