Create an infographic that explains the key concepts of Cost-Volume-Profit analysis and its significance to managerial decision-making.
Essential Activities:
- Reading “Principles of Managerial Accounting: Chapter 5” will assist you with writing this homework assignment.(see attatchment)
- Reading the article, “Cost-Volume-Profit (CVP) Analysis: What It Is and the Formula for Calculating It” will assist you in writing this homework assignment.(https://www.investopedia.com/terms/c/cost-volume-profit-analysis.asp)
- Reading the article, “Breakeven Analysis – Fixed Cost, Variable Cost and Profit” will assist you in writing this homework assignment.(https://moodle.trine.edu/mod/url/view.php?id=3310283)
- Watching the video, “Breakeven Point and CVP Analysis” will assist you in writing this homework assignment.(https://www.youtube.com/watch?v=tuKLU6aQnJg)
- Watching the video, “Basics of Cost Volume Profit Analysis” will assist you in writing this homework assignment.(https://www.youtube.com/watch?v=thwBRR-Dje8)
- Watching the video, “Contribution Margin Ratio Explained” (https://www.youtube.com/watch?v=jA1Ntovx3-w)