ACCOUNTING 102/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

    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?

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