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Second Exam Review Review power point slides Redo homework problems Do end of chapter review problems Review quizzes Use study guide to quiz yourself Go over examples in chapters

Review Problems ChPageProbFocus All All All All

Formulas Mixed Cost Y = a + bX Contrib. Margin Ratio CM/Sales Break Even Equation: Sales = variable cost + fixed cost + profit Break Even Contribution Margin (CM): BE in Units = fixed cost /unit CM BE in Sales $ = fixed cost/CM ratio BE Unit Target = fixed cost + target profit/Unit CM BE Sales Target = fixed cost + target profit/CM ratio

Formulas Margin of Safety = Total Sales – Breakeven sales Degree of Operating Leverage = CM/Net Operating Income

Formats High Low Method Scattergraph Contribution Margin Income Statement CVP Applications Variable/Absorption Unit Product Cost Variable/Absorption Income statement Activity Based Cost Activity Rates/Cost assignment

What to Bring ScantronForm 882-E #2 Pencil Calculator Chapter 8 homework

Do Not Bring Computers Cell Phones Translators Unapproved calculators Scratch paper (you won’t need any)

Logistics You must take the exam on the day scheduled for this class, unless approved by me in advance Multiple Choice True False Problems 4624 Points Possible51.5