This week’s topics
Cost and Pricing Calculations
- Cost-volume-profit analysis
- Contribution margin calculation
- Break-even point in units and revenue
- Margin of safety
- CVP made EASY | Breakeven & Margin of Safety | ACCA PM / F5 | Hare Events
- CIMA P1 Cost Volume Profit Analysis
- Intro to Cost Volume Profit Analysis
What you will be able to do
- 1.1 Apply numerical techniques in a business context.
- 1.2 Perform calculations to inform business decision making.
Activity
Start with this week’s 3 videos, then: Seminar, guided reading and a short written task: apply numerical techniques in a business context.
Study materials
Videos
- CVP made EASY | Breakeven & Margin of Safety | ACCA PM / F5 | Hare Events · YouTube · Steve Willis ACCA · 16 min · for registered students
- CIMA P1 Cost Volume Profit Analysis · YouTube · OpenTuition · 30 min · for registered students
- Intro to Cost Volume Profit Analysis · YouTube · Edspira · 13 min · for registered students
Further resources
- Principles of Accounting, Volume 2: Managerial Accounting, ch. 3: Cost-Volume-Profit Analysis · PDF · OpenStax, textbook chapter; pp. 129–180 · for registered students
- Managerial Accounting, ch. 6: How Is Cost-Volume-Profit Analysis Used for Decision Making? · PDF · Saylor Academy, textbook chapter; pp. 313–382 · for registered students
- Principles of Marketing, ch. 12.3: Five steps for setting a pricing policy · PDF · OpenStax, textbook chapter; pp. 411–418 · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.