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17 Cards in this Set
- Front
- Back
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ROCE = ? |
Profit margin x asset turnover |
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Receivables period in days = ? |
Receivables/sales x 365 |
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Asset turnover = ? |
Sales revenue / (non current assets + net current assets) |
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Inventory turnover days = ? |
Inventory/cost of sales x 365 |
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Current ratio = ? |
Current assets/current liabilities |
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Quick ratio = ? |
(Current assets - Inventory/current liabilities) |
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Asset turnover = ? |
(Sales/net assets) |
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Interest cover = ? |
Profit from operations/finance costs |
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Gearing ratio = ? |
Debt / ( debt + equity ) |
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Materials price variance |
Amount should’ve cost …. |
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Total materials cost variance |
Standard cost of actual production ( units X kg X cost ) |
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Materials usage variance |
Units should’ve used … X kg then work out variance and x by standard cost |
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Labour cost variance |
Units x hours x hourly cost |
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Labour rate variance |
Hours should’ve cost but did cost … |
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Labour efficiency variance |
Units should’ve take, work out variance, x by standard rate |
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Fixed overhead expenditure variance |
Budgeted overhead, amount per unit x units |
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Fixed overhead volume variance |
Actual production @ standard OAR, units x amount |
