ACCOUNTING 102/Cost-Volume Profit Analysis

Chapter 21 Cost-Volume Profit Analysis • Identifying Cost Behavior • Measuring Cost Behavior • Using Break Even Analysis • Applying Cost-Volume-Profit Analysis Chapter 21 Cost-Volume Profit Analysis • Identifying Cost Behavior • Measuring Cost Behavior • Using Break Even Analysis • Applying Cost-Volume-Profit Analysis • I. I. Read Chapter 21 ? II. Go to the publisher website, www.mhhe.com/wildFAP21e using the 21st edition. (1) Click on Online Learning Center and click on student edition (2) Identify the chapter you are working on from the drop down list (3) Click on power-point presentation. (4) Go through the power-point presentation to reinforce what you have read. (there are also narrated slides you can view as well). ? III. In the same way, complete the Demonstration Problem in the Text book found at the end of the chapter as well as the Learn Smart assignments found in Connect before doing the graded connect assignments. All of these are practice tools before doing the graded assignments. Keep in mind, chapter quizzes, discussion questions (found below), connect assignments and module exams make up your grade. ? IV. Using the following website www.mhhe.com/wildFAP21e using the 21st edition., follow these steps to submit your Chapter 21 quiz: (1) Click on Interactive Quiz (2) Complete the Multiple Choice Quiz Questions then Click on Submit Answers (3) Enter my email address [email protected] complete the other required fields and click on send email. ? V. Complete the Discussion Assignment below. Assignment Submission: Chapter 21 -Discussion Assignment Instructions: Submit answers to the questions below to [email protected]. 1. When output volume increases, do variable costs per unit increase, decrease, or stay the same within the relevant range of activity? Explain 2. How does assuming that operating activity occurs within a relevant range affect cost-volume profit analysis? 3. How is a scatter diagram used to identify and measure the behavior of a company's costs? 4. In cost-volume profit analysis, what is the estimated profit at the break-even point?