HA355 : The Class : Financial Statement : CVP Analysis

Topic 3: Cost-Volume-Profit Analysis

You will understand the definition of Cost-Volume-Profit Analysis (CVP),
You will understand the advantages of using CVP,
You will understand the concepts of variable expense, fixed expense and contribution margin,
You will understand the basic formulas of CVP analysis and their relationships,
You will understand some of the disadvantages of CVP analysis.

To complete this Topic successfully, please complete the following activities in the order shown below:

TEXTBOOK READING : Read textbook, chapter 24

ON-LINE LESSON 1: Cost-Volume-Profit Analysis

ASSIGNMENT 1: Answer the review questions

ASSIGNMENT 2: Budget problem

Go on to Topic 4: Food Cost Accounting Systems
or
Go back to Financial Statement and Analysis

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