Cost accounting-Cost Vile Profit Analysis (CVP) including contribution margin income statement & forecasting with CVP

What you will learn

How to use Cost Volume Profit Analysis (CVP)

Managerial accounting and cost accounting concepts

How to categorize costs by behavior

How to prepare a contribution margin income statement

How to calculate contribution margin, unit contribution margin, & contribution margin ratio

How to calculate the break even point and the margin of safety

How to forecast using CVP

How to calculate operating leverage

Description

Managerial and cost accounting topics of cost volume profit analysis (CVP).

We will review managerial accounting concepts and the difference between managerial accounting and cost accounting.

The course will start out introducing our primary CVP tool, a contribution margin income statement. The contribution margin income statement will give us an idea of where we are going as we then zoom into more detail going forward, focusing on the nuances of each step in the process.

We will discuss the concept of mixed costs, why they are a problem, and different methods for dealing with them including a high low method and scatter diagram method.

The course will explain the brea-keven point in units and revenue, one of the foundational concepts of cost volume profit analysis (CVP), and one many other concepts are built from.

We will discuss forecasting using cost volume profit analysis (CVP). Projections into the future are one of the significant benefits that CVP provides.

The course will cover techniques to apply CVP analysis when there are multiple inventory products.

We will also discuss the concept of operating leverage, how it is calculated, and why it is useful.

The course will talk about assumptions that cost volume profit analysis makes and limitations to CVP analysis.

We will also work a comprehensive problem using Excel and step by step instructional videos.

The course will have many Excel worksheets to help us review topics. Excel worksheets generally include three tabs. One tab will have the completed problem so we can see the result. Another tab will have a preformatted worksheet where we can fill in the problem. The last tab will have a blank worksheet where we can build our own tables if we choose.

English

Language

Content

Introduction

Introduction

PDF – 105 Cost Volume Profit Analysis (CVP)

105 Cost Volume Profit Analysis (CVP)

PDF – 107 Cost Volume Profit Analysis (CVP) Overview Example

107 Cost Volume Profit Analysis (CVP) Overview Example

PDF – 110 Cost Volume Profit Analysis Assumptions – Copy

110 Cost Volume Profit Analysis Assumptions

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Managerial Accounting Overview

2 Managerial Accounting Overview

PDF – 10 Managerial Accounting Introduction

10 Managerial Accounting Introduction

PDF – 20 Cost Classifications

20 Cost Classifications

PDF – 30 Product Costs & Period Costs.ENCODING

30 Product Costs & Period Costs.

PDF – 40 Prime Costs & Conversion Costs

40 Prime Costs & Conversion Costs

PDF – 50 Manufacturer’s Balance Sheet

50 Manufacturer’s Balance Sheet

PDF – 60 Manufacturer’s Income Statement

60 Manufacturer’s Income Statement

PDF – 70 Manufacturing Activities Flow

70 Manufacturing Activities Flow

PDF – 80 Just In Time (JIT) Manufacturing

80 Just In Time (JIT) Manufacturing

PDF – 90 Job Cost Vs Process Cost

90 Job Cost Vs Process Cost

Multiple Choice 1

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Contribution Margin Income Statement

3 Contribution Margin Income

PDF – 150 Income Statement Manufacturing Company

150 Income Statement Manufacturing Company

PDF – 154 Contribution Margin Income Statement

154 Contribution Margin Income Statement

Excel Worksheet Download

154 Worksheet – Contribution Margin Income Statement

Multiple Choice 2

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Mixed Costs

4 Mixed Costs

PDF – 400 Mixed Costs

400 Mixed Costs

PDF – 415 Scatter Diagram

415 Scatter Diagram

Excel Worksheet Download

417 – Worksheet Graphs In Excel

Excel Worksheet Download


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418 Worksheet Scatter Graph

PDF – 420 High – Low Method

420 High – Low Method

Excel Worksheet Download

420 Worksheet High Low Method

Multiple Choice 3

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Contribution Margin, Unit Contribution Margin, & Contribution Margin Ratio

5 Contribution Margin, Unit

PDF – 425 Contribution Margin & Contribution Margin Ratio

425 Contribution Margin & Contribution Margin Ratio

Excel Worksheet Download

425 Worksheet Contribution Margin

PDF – 427 Contribution Margin Income Statement & Contribution Margin Per t

427 Contribution Margin Income Statement & Contribution Margin Per t

Multiple Choice

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Break Even Point & Margin of Safety

6 Break Even Point & Margin of

PDF – 428 Break-Even Point

428 Break-Even Point

Excel Worksheet Download

428 Worksheet Break Even Point

Excel Worksheet Download

429 Worksheet Targeted Net Income

PDF – 432 Margin of Safety

432 Margin of Safety

Multiple Choice 5

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Forecasting

7 Forecasting

PDF – 438 Forecasting

438 Forecasting

Excel Worksheet Download

438 Worksheet Forecasting

Multiple Choice 6

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Multiple Inventory Items

8 Multiple Inventory Items

PDF – 444 Composite Unit Break Even

444 Composite Unit Break Even

Excel Worksheet Download

442 – Worksheet Composit Units

Multiple Choice 7

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Operating Leverage

9 Operating Leverage

PDF – 448 Operating Leverage

448 Operating Leverage

Excel Worksheet Download

448 Worksheet – Operating Leverage

Multiple Choice 8

Short Calculation

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Cost Volume Profit Analysis Assumptions

10 Cost Volume Profit Analysis

PDF – 450 Cost Volume Profit Analysis Assumptions

450 Cost Volume Profit Analysis Assumptions

Multiple Choice 9

Short Calculation

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Comprehensive Problem

11 Comprehensive Problem

Excel Worksheet Download

CVP Comp Problem 1

CVP Comp Problem 2

CVP Comp Problem 3

CVP Comp Problem 4

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