Study_Guide_211_Spring_06_Exam_3_Ch_16_1

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Study Guide ACCTG 211 Exam 3 Chapters 16, 17, 19, 20, 21, 22 1. Calculate conversion cost 2. Example of direct materials 3. Components of factory overhead cost 4. Flow of manufacturing costs 5. Calculate overhead rate 6. Determine product cost 7. Dispose of factory overhead balance 8. Calculate factory overhead applied from T-accounts 9. Identify cost from description Chapter 19 10. Cost behavior 11. Describe cost behavior per unit 12. Describe cost behavior per unit 13. Relationship among cost volume and price method 14. Calculate contribution margin ratio 15. Calculate operating profit 16. Calculate income change with sales increase 17. Calculate break-even units 18. Calculate variable change and new break-even 19. Type of analysis on break-even point changes 20. Calculate break-even point multiple products 21. calculate overall unit contribution margin Chapter 20 22. Variable vs absorption costing 23. Under (blank) costing what costs are in finished goods inventory 24. Under (blank) costing what costs are not in finished goods inventory 25. Income under absorption vs variable, when different and why
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