$($Need help with a cheet sheet for a test. Here are the topics$)$

The exam covers chapters $1$ through $13.$ Here are some suggested study topics:

Cost Classifications $$ variable, fixed and mixed, period and product, direct and indirect, opportunity, sunk, relevant, traceable, common, etc.

Calculate the results of changes to cost assumptions $($CVP$)$

Calculate net income based on contribution margin values either dollars or $\%$

Application of Manufacturing Overhead $$

calculate predetermined overhead rate or activity rates

applied to a product or job $-$ job order using a predetermined overhead rate or rates and activity$-$based costing

calculate over and underapplied overhead

calculate adjusted cost of goods sold

Job Costing

What is the total cost of the job and average cost per unit.

Cost of Goods Manufactured and cost of goods sold

Calculate break even and target profit

Create a contribution format income statement

Gross margin calculations $$ absorption or variable costing

Segmented financial statements and segment margin

Activity$-$based costing

First stage allocation

Second stage allocation

Activity rates

Budgeting:

Required purchases from a sales forecast

Flexible budgeting variances, both sales and expenses

Standard cost variances

Rate variances

Efficiency variances

Quantity variances

Discontinuing a segment

Special order

Constrained resources