Reference no: EM132561089
Question 1: What is marginal costing and absorption/full costing
Question 2: Why is variable costing relevant to decision making
Question 3: What is CVP analysis; BE analysis, and how it is related to marginal costing
Question 4: What are the assumption of marginal costing/cvp analysis
Question 5: What is marginal cost, what are the features, advantages and limitations of marginal costing
Question 6: What do you understand by contribution margin
Question 7: We do not need to prepare a income statement to estimate profits at a particular sales volume. why
Question 8: Discuss the CVP relationship in equation form, in graph form, through profit graph
Question 9: Discuss the unit cm in equation form
Question 10: Discuss the CM ratio in units and in total form