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14 Cards in this Set
- Front
- Back
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Asset Turnover
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Sales/Avg. Assets
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Profit Margin
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Net Income/Sales
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Efficiency Variance
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Standard Rate(Actual Hours-Standard Hours)
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Rate Variance
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Actual Hours(Actual Rate-Standard Rate)
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Usage Variance
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Standard Price(Actual quantity-Standard Quantity)
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Sales Price Variance
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(Actual Price-Expected Price)Actual quantity
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Production Budget
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Sales+Desired FG Inventory= Total Budgeted- Beginning FG Inventory= Required Production
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Accounts Receivable Turnover
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Net Credit Sales/Avg. Accounts Rec
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Residual Income
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Operating Income- (Avg Operating Assets-Minimum Required Rate of Return)
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Asset Turnover
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Net Sales/Average Assets
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After-Tax Benefit
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Before Tax (1-Tax Rate)
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Contribution Margin
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Sales- Variable Costs
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Inventory Turnover
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COGS/Average Inventory
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Cash Outflows for Operating Expenses
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Operating Expenses + (Beg A/P -End A/P)
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