Using CVP for Profit Planning
Автор: Rutgers Accounting Web
Загружено: 2015-07-28
Просмотров: 280
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• Managerial Accounting: Cost-Volume-Profit ...
Description:
After a brief review of fixed, variable, and mixed costs, the Professor goes on to give a general idea of what a basic CVP (cost-volume-profit) analysis is. Afterwards, breakeven point is defined (as well as how to find it). Both the income statement and contribution margin approaches are also outlined, as well as utilizing CVP for profit planning. Finally, a brief overview of sensitivity analyses are given (and what they are used for).
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