COB 242: FORMULAS
18 Cards in this Set
| Front | Back |
|---|---|
|
Material Price Variance
|
AQP (AP-SP)
|
|
Material Quanity Variance
|
SP (AQu-SQ*)
|
|
SQ*
|
Actual units produced X Standard quantity per unit
|
|
Labor Rate Variance
|
AH (AR-SR)
|
|
Labor Efficiency
|
SR (AH-SH*)
|
|
SH*
|
Actual units produced X Standard hours per unit
|
|
Contribution Margin
|
Sales-Variable Cost
|
|
Target Profit (Breakeven)
|
(FC-TP)/CMU
|
|
Current Ratio
|
Current Assets/Current Liabilites
|
|
Accounts Receivable Turnover
|
Sales (on account)
___________________
AR Beg + AR end)/2
|
|
Avg Collection Period
|
365/AR Turnover
|
|
Inventory Turnover
|
COGS
__________
(Inv Beg+Inv End)/2
|
|
Avg Sale Period
|
365/Inv Turnover
|
|
Gross Margin Percentage
|
(Sales-COGS)/Sales
|
|
Segment Contribution Margin
|
Segment Sales - Variable Costs
|
|
Segment Margin
|
CM- Traceable Fixed Costs
|
|
Return on Investment
|
Net Operating Income
______________________
Average Operating Assets
|
|
Residual Income
|
NOI (AOA-Min. Req rate)
|
COB 242: CHAPTER 6-9, 16