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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

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Review Problems ChPageProbFocus 5 2142All 6 2571All 7 2971All 8 3401All

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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

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

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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

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

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

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Logistics You must take the exam on the day scheduled for this class, unless approved by me in advance Multiple Choice141.2517.5 True False 81.2510 Problems 4624 Points Possible51.5

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