Formulas for Accounting Exam 2
0.0(0)
Studied by 0 people
Call Kai
Learn
Practice Test
Spaced Repetition
Match
Flashcards
Knowt PlayCard Sorting
1/8
There's no tags or description
Looks like no tags are added yet.
Last updated 2:48 PM on 3/31/26
Name | Mastery | Learn | Test | Matching | Spaced | Call with Kai |
|---|
No analytics yet
Send a link to your students to track their progress
9 Terms
1
New cards
Break Even Point (Units)
Fixed Expenses/ Contribution Margin per unit
2
New cards
Contribution Margin
Sales Revenue - Variable Expenses
3
New cards
Net Operating Income
Contribution Margin - Fixed Expenses
4
New cards
It’s Break Even Point If…
Contribution Margin=Fixed Expenses then NOI=zero
5
New cards
Target Profit (unit)
FC + Target Profit/ CM per unit
6
New cards
Target Profit
FC + Target Profit/ (sales- VC)
7
New cards
Break Even Point (Dollars)
Fixed Expenses/ CM ratio
8
New cards
Margin of Safety in dollars
Actual Sales - Break Even sales
9
New cards
Margin of Safety Ratio
Margin on safety (Dollars)/Sales (Dollars)
