Cma Part 1 Volume 2 Sections D E ^new^ Guide

The CMA exam will disguise opportunity costs. For example: If you use idle labor to make a new product, the opportunity cost is $0. But if you take labor from an existing profitable product to make the new one, the lost profit from the existing product is a massive opportunity cost.

The CMA loves multi-product CVP. Know how to calculate the weighted-average contribution margin when a company sells two products (e.g., Product A at 70% volume, Product B at 30%). cma part 1 volume 2 sections d e

Be ready to allocate service department costs using the direct, step, or reciprocal methods. The CMA exam will disguise opportunity costs