Cost Volume Profit With Same 1 Method

NO Memorizing Formulas! Consistent One Method for Cost Volume Profit, CVP Applied, Incremental and Pricing Analysis

What you'll learn

Cost Behavior and Cost Volume Profit Analysis

Cost Volume Profit Applied

Pricing Strategies

Incremental, Differential and Relevant Analysis

Master Budgeting- Planning for the Future

Requirements

No prior accounting experience required.

Description

Like all Practical Accounting modules, a beginner friendly workbook is included, along with a walk through of how to use Excel to stay organized and speed up your calculations. This section includes the following topics:Cost Behavior and Cost Volume Profit AnalysisLearn and practice Cost Behaviors to Bridge Forecasting and Analysis of Cost Volume Profit relationships in Excel. Includes the famous Dancing Graphs.- Defining Cost Behavior- Splitting Mixed Costs into Variable and Fixed - Bridge- Breakeven Point as a Bridge Puzzle- Change the Variables with Dancing Graph- Operating Leverage and Margin of Safety Bridge in ExcelCost Volume Profit AppliedLearn and practice the Bridge in Excel to compute Sales Mix, Forecast Changes in CVP Variables, Understand Absorption vs Variable Costing.- Overview Key Issues and Solutions/Terminology- Sales Mix- Bridge Example, Practice and Solution- Changes to Volume, Price, Variable and Fixed Costs- Absorption vs. Variable Costing and Changes in Inventory LevelsPricing StrategiesLearn an Overview of Why the major Pricing Strategies are used, then continue to use the Bridge for straightforward computation.- Pricing Strategies and Market Based Pricing- Markup and ROI: Cost Plus Bridge Examples, Practice and Solutions- Target Costing and Limited Resources: Bridge Examples, Practice and SolutionsIncremental, Differential and Relevant AnalysisLearn Bridge Incremental Analysis and Relevant Costing for Short-Term Decision Making in Six Example and Practice Bridge Sheets.- Incremental Relevant Costs- Unavoidable vs. Avoidable Fixed Costs, Revenue as Net or Opportunity Cost- Repair or Replace Equipment with Qualitative Considerations- Special Order Pricing: With and Without Excess Capacity and Breakeven Price- Unprofitable Business Segments: Committed and Avoidable Fixed Costs

Overview

Section 1: Cost Behavior and Cost Volume Profit Analysis

Lecture 1 Overview and Brief Look Inside Cost Volume Profit Analysis

Lecture 2 One Formula-One Method-One Graph Past vs Future

Lecture 3 Defining Cost Behavior

Lecture 4 Splitting Mixed Costs into Variable and Fixed: Bridge

Lecture 5 CVP Pizza 1: Overview Bridge Method and Graph

Lecture 6 CVP Pizza 2: Breakeven Point as a Bridge Puzzle

Lecture 7 CVP Pizza 3: Change the Variables with Dancing Graph

Lecture 8 Operating Leverage and Margin of Safety Bridge in Excel

Section 2: Cost Volume Profit Applied

Lecture 9 A Brief Look Inside Cost Volume Profit Applied

Lecture 10 Overview Key Issues and Solutions/Terminology

Lecture 11 Sales Mix: Bridge Example, Practice and Solution

Lecture 12 Changes to Volume, Price, Variable and Fixed Costs

Lecture 13 Absorption vs. Variable Costing and Changes in Inventory Levels

Section 3: Pricing Strategies

Lecture 14 A Brief Look Inside Pricing

Lecture 15 Pricing Strategies and Market Based Pricing

Lecture 16 Markup and ROI: Cost Plus Bridge Examples, Practice and Solutions

Lecture 17 Target Costing and Limited Resources: Bridge Examples, Practice and Solutions

Section 4: Incremental, Differential and Relevant Analysis

Lecture 18 A Brief Look Inside the Module

Lecture 19 Overview Key Issues and Terminology

Lecture 20 Hotel Problem: Incremental Relevant Costs: When Should We Open?

Lecture 21 Pizza: Unavoidable vs. Avoidable Fixed Costs, Revenue as Net or Opportunity Cost

Lecture 22 Repair or Replace Equipment with Qualitative Considerations

Lecture 23 Special Order Pricing: With and Without Excess Capacity and Breakeven Price

Lecture 24 Unprofitable Business Segments: Committed and Avoidable Fixed Costs

Managerial and Cost Accounting students, businesses, and individuals interested in accounting.