Cost Volume Profit Analysis (CVP) – Managerial Accounting
Strategic Profit Management: In-depth Exploration of Cost-Volume-Profit Analysis in Managerial Accounting
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22 hours
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Aug 2020
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$59.99
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What you will learn
Define key principles of managerial and cost accounting to solidify foundational knowledge.
Demonstrate construction and use of a Contribution Margin Income Statement.
Classify business costs into fixed, variable, and mixed categories.
Calculate the break-even point in units and revenue for effective planning.
Forecast future business performance using CVP analysis techniques.
Adapt CVP analysis to scenarios with multiple inventory products.
Explain operating leverage, compute it, and discuss its implications.
Evaluate assumptions underpinning CVP analysis and recognize its limitations.
Apply learned concepts to solve comprehensive Excel-based problems.
Assess the impact of changes in cost and volume on profit, using CVP analysis tools.
Formulate strategies to optimize profitability using the results of CVP analysis.
Identify the relevance and application of CVP analysis in various business contexts.
Distinguish between the high-low method and scatter diagram method for handling mixed costs.
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2325776
udemy ID
16/04/2019
course created date
07/10/2019
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