Cost Volume Profit (CVP)
Analysis- Ch. 5 complete with
verified solutions(latest
updated version already
graded A+)
cost volume profit (CVP) analysis - answer the analytical
technique used by managerial accountants to examine the
effects on costs and revenues when an organization's
activity changes
CVP analysis - answer summarized the effects of changes
in an organization's volume of activity on its costs,
revenue, and profit
CVP analysis - answer can be extended to cover the
effects on profit of changes in selling prices, service fees,
costs, income-tax rates, and the organization's mix of
products and services
cost volume profit analysis - answer analyzes things like:
breakeven points, profit changes for increases in
activity/products, profit changes for raising price, etc.
profit= sales revenue- total expenses - answer profit
equation
, total expenses = fixed expenses- variable expenses -
answer total expenses equation
zero - answer CVP analysis is concerned about the level of
activity at which profit is __________
profit equation - answer equation that is relied on for CVP
analysis
profit = sales revenue - (fixed expenses + variable
expenses) - answer full, non-abbreviated profit equation
Profit = (SP *X- TFC - (VC*X))
Profit =(SP-VC)*X- TFC
X = some quantity of units produced and sold
SP= selling price per unit
VC= variable cost per unit
TFC= total fixed cost - answer profit equation using
product quantity (2 ways and explanation for
abbreviations)
break-even volume - answer level of activity at which
profit is zero. if we set profit in the profit equation equal
to zero and solve for X we get this point
Xb= TFC/ (SP- VC)
Xb = break even volume
TFC = total fixed cost
Analysis- Ch. 5 complete with
verified solutions(latest
updated version already
graded A+)
cost volume profit (CVP) analysis - answer the analytical
technique used by managerial accountants to examine the
effects on costs and revenues when an organization's
activity changes
CVP analysis - answer summarized the effects of changes
in an organization's volume of activity on its costs,
revenue, and profit
CVP analysis - answer can be extended to cover the
effects on profit of changes in selling prices, service fees,
costs, income-tax rates, and the organization's mix of
products and services
cost volume profit analysis - answer analyzes things like:
breakeven points, profit changes for increases in
activity/products, profit changes for raising price, etc.
profit= sales revenue- total expenses - answer profit
equation
, total expenses = fixed expenses- variable expenses -
answer total expenses equation
zero - answer CVP analysis is concerned about the level of
activity at which profit is __________
profit equation - answer equation that is relied on for CVP
analysis
profit = sales revenue - (fixed expenses + variable
expenses) - answer full, non-abbreviated profit equation
Profit = (SP *X- TFC - (VC*X))
Profit =(SP-VC)*X- TFC
X = some quantity of units produced and sold
SP= selling price per unit
VC= variable cost per unit
TFC= total fixed cost - answer profit equation using
product quantity (2 ways and explanation for
abbreviations)
break-even volume - answer level of activity at which
profit is zero. if we set profit in the profit equation equal
to zero and solve for X we get this point
Xb= TFC/ (SP- VC)
Xb = break even volume
TFC = total fixed cost
