Once you have completed this chapte

Once you have completed this chapter, you should be able to
Explain what contribution margins and breakeven points are and how the contribution margin is reflected in a variable costing income statement
Understand the use of cost volume profit analysis in managerial decision making
Use CVP analysis to determine the breakeven point in sales and the sales volume necessary to earn a target profit
Calculate a unit product cost using variable costing
Calculate a unit product cost using absorption costing
Explain why net income differs under the variable and absorption costing methods
Explain how variable and absorption costing can be used in managerial decision making and the pros and cons of each method
Explain why costs are important for decision making in service companies

Kết quả (Anh) 1:

Once you have completed this chapter, you should be able toExplain what contribution margins and breakeven points are and how the contribution margin is reflected in a variable costing income statementUnderstand the use of cost volume profit analysis in managerial decision makingUse CVP analysis to determine the breakeven point in sales and the sales volume necessary to earn a target profitCalculate a unit product cost using variable costingCalculate a unit product cost using absorption costingExplain why net income Differens under the variable and absorption costing methodsExplain how variable and absorption costing can be used in managerial decision making and the pros and cons of each methodExplain why costs are important for decision making in service companies

Kết quả (Anh) 2:

Once you have completed this chapter, you shouldnt thể
Explain what contribution margins and breakeven points are and how the contribution margin is Reflected in a variable income statement Costing
Understand the use of cost volume profit analysis in Managerial Decision Making
Use CVP analysis to quyết the breakeven point in sales and the sales volume cần to earn a profit target
Calculate a unit product cost using variable Costing
Calculate a unit product cost using Absorption Costing
Explain why net income under the variable Diff and Absorption Costing methods
Explain how variable and Absorption Costing can in Managerial Decision Making dùng pros and cons and the method of each
Explain why Costs are Important for Decision making in service companies