Struggling With Assignments !!! Stuck on Your Homework?

Let Our Expert Tutors Help You.

Get Personalized Writing Help
from Live Web Tutors


Managerial/Cost Accounting Formulas





Cost Accounting Formulas



Cost of Goods Sold formulas




  • Conversation Cost = Direct labor cost + Factory Overhead Cost


  • Cost of Goods Manufactured (COGM) = Direct Factory Cost + Opening Work in Progress Inventory – Ending Work in Progress Inventory


  • Cost of Goods Sold (COGS) = Cost of Goods Manufactured + Opening Finished Goods Inventory – Ending Finished Goods Inventory


  • Number of Units Manufactured = Units Sold + Ending Finished Goods Units – Opening Finished Goods Units


  • Per unit cost of goods manufactured = Cost of goods manufactured / Units manufactured


  • Materials used = Opening inventory + Net purchases of materials – Ending inventory of materials





Income Statement Formulas




  • Gross Profit = Net sales – Cost of goods sold


  • Operating Profit = Gross profit – Operating expenses


  • Commercial Expenses = Marketing / Selling expenses + Administrative/General expenses


  • Per Unit Gross Profit = Gross profit / No. of units sold


  • Per unit net profit = Net profit / No. of units sold


  • Percentage of gross profit to sales = (Gross profit / Net sales) x 100


  • Percentage of Net Profit to sales = (Net profit / Net sales) x 100





Cost Volume Profit (CVP) Formulas




  • Contribution margin = Sales – Variable expenses


  • Net Operating Income = Contribution margin – Fixed expenses (Manufacturing & non manufacturing)


  • Contribution margin ratio = Contribution margin / Sales


  • Break Even Points (units) = Fixed expenses / unit contribution margin


  • Break Even Points (Dollar sales) = Fixed expenses / CM ratio


  • Unit sales to attain target profit = (Fixed expenses + target profit) / Unit contribution margin


  • Dollar sales to attain target profit = (Fixed expenses + target profit) / Contribution margin ratio


  • Margin of Safety = Total budgeted or actual sales – break even sales


  • Margin of safety percentage or margin of safety ratio = Margin of safety / Total budgeted or actual sales


  • Degree of Operating leverage = Contribution margin / Net operating income





Live Web Tutors provide homework help in Managerial /cost accounting formulas from Professional Accounting Tutors & help students to achieve A+ Grade.




Get Homework Help Right Now!