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### 17 Cards in this Set

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 pro forma Income Statement Company Name Pro Forma Income Statement For the Year Ending Gross Sales COGS --- --- Total Cost of Goods Sold Gross Profit Operating Expenses Labor Costs Depreciation Advertising Utilities Total Operating Expenses Operating Income Interest Expense Income Before Taxes Income Tax Net Income Contribution Margin Selling Price - Variable Costs Weighted Contribution Margin (Selling Price - Variable Cost) * Sales Mix Safety Margin Percentage (Budgeted Sales - Breakeven Sales) / Breakeven Sales Target Operating Income (in units) (Fixed Costs + TOI) / (Selling Price - Variable Costs) Target Net Income (in units) Units Sold = (Fixed Costs + TNI + Income Taxes) / (Selling Price per unit - Variable Costs per unit) Set-up for Statement of Cash Flows Cash Flow from Operating Activities --- Net Cash Provided (used) by Cash Flow from Investing Activities --- Net Cash Provided (used) by Cash Flow from Financing Activities --- Net Cash Provided (used) by Increase in Cash and Cash equivalents Cash and cash equivalents, beginning Cash and cash equivalents, ending Ending cash will proove balance sheet Break-even Point in units Units Sold = Fixed Costs / (Unit Sales Price - Variable Costs) Units Sold = FC / (SP - VC) Break-Even Point in Composite Units Composite Units Sold = Fixed Costs / Weighted C.M. Weighted C.M. = C.M x Sales Mix C.M. = Selling Price - Variable Costs Desired Ending Inventory = Required to meet Sales Budget * Desired Ending Inventory Percentage both will be given figures Required Purchase = (Required to meet Sales Budget + Desired Ending Inventory) - Beginning Inventory Cost of Purchases = (Required Purchase * Wholesale Price per Unit) Labor Budget Format Company Name Labor Budget For the Year Ending Divide into 4 Quarters and TOTAL Position Salary Fringe Benefits Total Pay Position Salary Fringe Benefits Total Pay Total Pay Overall Remember to take into account what quarter the position starts. Total Pay = Salary + Fringe Benefits Sales Budget Format Company Name Sales Budget For the Year Ending Divide into 4 Quarters and TOTAL Units Sold x Price \$y Sales \$x*y Units Sold a Price \$b Sales \$a*b Total Sales \$sum of sales Direct Materials Budget Company Name Direct Materials Budget For the Year Ending Divide into 4 Quarters and TOTAL Material Required to Meet Sales Budget Desired Ending Inventory Beginning Inventory Required Purchase Wholesale Price per Unit Cost of Purchases Selling and Administrative Budget Company Name Selling, General and Administrative Budget For the Year Ending Divide into 4 Quarters and TOTAL Advertising Depreciation Utilities Total sum