Operation Management Flashcards
1
Q
Total Manufacturing Cost Formula
A
Direct Materials + Direct Labor + Overhead Cost
2
Q
Residual Income Formula
A
Actual Income - (Investment x Hurdle Rate)
3
Q
Conversion Cost
A
Direct Labor + Overhead
4
Q
Projected Stock Price
A
PEG x (Dividend x 1 + Growth Expected) x Growth Expected
5
Q
FIFO Equivalent unit Production Formula
A
(1) Beginning WIP x % to be completed (100-%completed)
(2) Units completed - Beg. WIP
(3) Ending WIP x % completed
6
Q
Weighted Average Equivalent unit of Production Formula
A
(1) Units Completed
(2) Ending WIP x % completed
7
Q
Constant Dividend Discount Model Formula
A
(1) Current Dividend x (dividend growth rate)^2 = D
(2) D (dividend growth rate) / (discount rate - dividend growth rate)
