Chapter 3 – Breakeven Analysis
Learning Objectives
- To describe as to how the concepts of fixed and variable costs are used in C-V-P analysis
- To segregate semi-variable expenses in C-V-P analysis
- To identify the limiting assumptions of C-V-P analysis
- To work out the breakeven analysis, contribution analysis and margin of safety
- To understand how to draw a breakeven chart
- To compute breakeven point
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