Concepts of cost-volume-profit relationships

Assignment Help Business Management

Reference no: EM133647190

Assignment:

Often the most direct route to a business decision is an incremental analysis. Do you agree? Why or why not? Be specific. As part of your initial post to this question, discuss what your understanding is of the concept of incremental analysis.

*During Week 3 we will learn more about the concepts of Cost-Volume-Profit (CVP) relationships and Activity-Based Costing ((ABC). CVP analysis helps managers make many important decisions such as what products and services to offer, what prices to charge, what marketing strategy to use, and what cost structure to maintain.

Activity-based costing (ABC) which is used by a number of major companies, is a costing method that is designed to provide managers with cost information for strategic and other decisions that potentially affect capacity and therefore "fixed" as well as variable costs.Our discussion on ABC costing focuses primarily on ABC applications in manufacturing to provide a contrast with the material presented in earlier weeks of our course.

Reference no: EM133647190

Questions Cloud

What do you think is the most dangerous thing : They can be pretty harmful and devastating. What do you think is the most dangerous thing that comes along with spreading these

Which do you perceive to be your strengths and why : Which do you perceive to be your strength(s) and why? In which areas do you need to grow? Why do you believe you need to grow in these areas?

What are these protesters fighting against : You are walking around campus and see people holding signs saying, "Down with the patriarchy!". What are these protesters fighting against

How does the maxwell and stojkovic material come together : How can you use Maxwell to develop and/or improved the criminal justice agency operations? From whom does the implementation or change begin?

Concepts of cost-volume-profit relationships : During Week 3 we will learn more about the concepts of Cost-Volume-Profit (CVP) relationships and Activity-Based Costing ((ABC).

What are some of the challenges you have faced : What are some of the challenges you have faced when communicating with your supervisors or as a supervisor with employees?

Overview of st johns michigan economic status : What is a overview of Health and Social Services St. Johns Michigan and Overview of St. Johns Michigan economic status

How can individuals and communities challenge resist : How can individuals and communities challenge, resist, or respond to social problems? How do our identities (e.g. gender, race) affect our experiences of those

Find a news article online and identify at least two media : Find a news article online and identify at least two media biases it has. What effect do these have in the media messages that are conveyed to you?

User Account

All Pages