Robert (Bob) Steele – Cost Volume Profit Analysis (CVP) – Managerial Accounting

Our primary CVP tool, a contributor margin income statement, is introduced to the course. This will give us a good idea of where we’re going. We then zoom in more, focusing on the details of each step. File size: 9.44 GB

Robert (Bob) Steele – Cost Volume Profit Analysis (CVP) – Managerial Accounting

Managerial Cost volume profit analysis (CVP) and cost accounting topics
We will discuss managerial accounting concepts as well as the differences between cost accounting and managerial accounting.
The course will introduce our primary CVP tool: a contribution margin income report. As we move forward, we will zoom in more on each step and get a better idea of where our efforts are heading.
We will talk about mixed costs and discuss why they are problematic.
This course will cover the basics of breathing.-Keven point is the ratio of revenue and units. This is one of the fundamental concepts in cost volume profit analysis (CVP) and many of the concepts that are built upon it.
We will talk about forecasting with cost volume profit analysis (CVP). CVP’s significant benefit is the ability to project the future.
The course will discuss how to use CVP analysis for multiple inventory products.
We will also talk about operating leverage. How it is calculated and why it is so useful.
This course will discuss assumptions cost volume profit analysis makes, and limitations to CVP analysis.
We will also use Excel to solve the problem and provide step-by-step instructional videos.
Many Excel worksheets will be provided to assist us in reviewing topics. Excel worksheets usually have three tabs. One tab will contain the complete problem, so we can see its result. One tab will display the completed problem. The second tab will show a pre-formatted worksheet so that you can fill in your problem. The last tab will include a blank worksheet, where you can create your own tables if you wish.