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Exam (elaborations)
WGU Managerial Accounting Formulas
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---2February 20242023/2024A+
- Assets-ANSWER- 
Liabilities + Owner's Equity 
 
Net Income -ANSWER-Revenues(total sales) - Expenses(total cost) 
 
Cost of Good Sold (Manufacturers) -ANSWER-Cost of Beginning Inventory+Cost of purchases-Cost of ending inventory 
 
Cost of Good Sold (Retailer's) -ANSWER-Cost of Beginning Inventory+Cost of purchases-cost of ending inventory 
 
Contribution Margin -ANSWER-Total Sales-Total Variable Cost 
 
Contribution Margin Per Unit -ANSWER-Sales Price-Variable Cost Per Unit
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$14.99 More Info
muriuki04
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Exam (elaborations)
WGU Managerial Accounting Formulas
-
---2February 20242023/2024A+
- WGU Managerial Accounting FormAssets-ANSWER- 
Liabilities + Owner's Equity 
 
Net Income -ANSWER-Revenues(total sales) - Expenses(total cost) 
 
Cost of Good Sold (Manufacturers) -ANSWER-Cost of Beginning Inventory+Cost of purchases-Cost of ending inventory 
 
Cost of Good Sold (Retailer's) -ANSWER-Cost of Beginning Inventory+Cost of purchases-cost of ending inventory 
 
Contribution Margin -ANSWER-Total Sales-Total Variable Cost 
ulas
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$15.49 More Info
erickmacharia