Cost-Volume-Profit Analysis
Often called Breakeven Analysis, this process enables you to determine the dollar amount of sales to achieve zero net income. It can then be used to project net income at various sales levels and required sales levels for targeted net income.
This level includes:
- Breakeven in Quantity and Dollars
- Graphing Sales, Fixed Costs, Variable Costs and Total Costs
- Determine net income from targeted sales
- Determine required sales for targeted net income
The exercises are the same, but with different amounts.
The Supplemental Information is designed help further your understanding of the material. If you are having trouble with the exercises, take a look at this material.