DQ 1.What are some important elements of the break-even (BE) analysis? What type of decisions can you take using BE?
DQ 2.Class, what are some examples of fixed and variable costs in your organizations? Do you believe a company can benefit from having a cost structure that would focus on one type of costs over another (for instance, a cost structure that would comprise 80% of variable costs and 20% of fixed costs or vice-versa)?
WileyPLUS Assignment Week 4 Practice Quiz
Complete the Week 4 Practice Quiz in WileyPLUS.
WileyPLUS Assignment Week 4 Assignment
Complete the following Week 4 Assignment in WileyPLUS:
• Exercise 15-5
• Exercise 16-3
• Exercise 17-1
Learning Team Reflection
Managerial accounting is all about making informed decisions. Cost volume- profit (CVP) analysis is one of the most powerful tools available for managers to crunch numbers, gain a thorough understanding of a situation, and perform a what-if analysis.
Write a paper of no more than 750 words or a 5-slide power point presentation in which you discuss the activities and learning this week and share how CVP analysis may be helpful to an entrepreneur starting a new business.
Provide at least three situations or strategic decisions that may be reached using CVP analysis.
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