Page 15 - Manac Costing Test 1 class slides - 4. Planning And Control
P. 15
COSTING
Objectives
• Calculate a break-even point and margin of safety.
• Apply CVP analysis in a multi-product setting.
• Identify and explain the assumptions on which CVP analysis
is based.
• Calculate sensitivities for changes in any variables in the
CVP model.
• Use CVP analysis to determine the expected effect of
decisions and events on profit or the variables that
influence profitability.
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