AccountingCode 9706

Cost–volume–profit analysis

What this topic asks you to be able to do

  • what cost–volume–profit analysis can offer, and where it falls short
  • the value of cost–volume–profit data in aiding managerial decision-making
  • how to use costing concepts, backed by supporting data, to reach business decisions and make recommendations
  • non-financial factors and how significant they are
  • apply what you understand about costing when you evaluate relevant information and reach well-informed business decisions