Chapter 21 Cost-Volume Profit Analysis
• Identifying Cost Behavior
• Measuring Cost Behavior
• Using Break Even Analysis
• Applying Cost-Volume-Profit Analysis

Chapter 21 Cost-Volume Profit Analysis
• Identifying Cost Behavior
• Measuring Cost Behavior
• Using Break Even Analysis
• Applying Cost-Volume-Profit Analysis
• I.
I. Read Chapter 21
? II. Go to the publisher website,
www.mhhe.com/wildFAP21e using the 21st edition. (1)
Click on Online Learning Center and click on student edition
(2) Identify the chapter you are working on from the drop
down list (3) Click on power-point presentation. (4) Go
through the power-point presentation to reinforce what you
have read. (there are also narrated slides you can view as
well).
? III. In the same way, complete the Demonstration Problem
in the Text book found at the end of the chapter as well as the
Learn Smart assignments found in Connect before doing the
graded connect assignments. All of these are practice tools
before doing the graded assignments. Keep in mind, chapter
quizzes, discussion questions (found below), connect
assignments and module exams make up your grade.
? IV. Using the following website
www.mhhe.com/wildFAP21e using the 21st edition., follow
these steps to submit your Chapter 21 quiz: (1) Click on
Interactive Quiz (2) Complete the Multiple Choice Quiz
Questions then Click on Submit Answers (3) Enter my email
address [email protected] complete the other
required fields and click on send email.
? V. Complete the Discussion Assignment below.
Assignment Submission: Chapter 21 -Discussion
Assignment
Instructions: Submit answers to the questions below to
[email protected].
1. When output volume increases, do variable costs per unit
increase, decrease, or stay the same within the relevant range of
activity? Explain
2. How does assuming that operating activity occurs within a
relevant range affect cost-volume profit analysis?
3. How is a scatter diagram used to identify and measure the
behavior of a company’s costs?
4. In cost-volume profit analysis, what is the estimated profit at
the break-even point?