Discuss some key assumptions used in cost-volume-profit analysis
Assignment Details: I need help with 2 discussion posts
Discussion Post #1-Review Chapter 5 and 6 of Horngren’s Accounting: The Managerial Chapters (7th ed.) textbook.
Make sure your response addressing the following questions is more than 200 words, and that you include an in-text citation or a brief quote from the reading material where appropriate. Cite your sources in APA Style with in-text citations and a reference list.
In your posting, address the following points:
Discuss some key assumptions used in cost-volume-profit analysis and how any changes in those assumptions could affect results such as contribution margin and break-even points.
Explain the difference between a variable cost, a mixed cost, and a fixed cost and give an example of each.
Describe a unique scenario in which a manager may be able to use sensitivity analysis to predict profits and make important business decisions.
Reference
Miller-Nobles/Mattison. (2020). Horngren’s accounting: The managerial chapters (7th ed.). Pearson.
Discussion Post #2-
Review Chapter 5 and 6 of Horngren’s Accounting: The Managerial Chapters (7th ed.) textbook.
Make sure your response addressing the following questions is more than 200 words, and that you include an in-text citation or a brief quote from the reading material where appropriate. Cite your sources in APA Style with in-text citations and a reference list.
In your posting, address the following points:
Compare the usefulness of variable costing to absorption costing.
When units produce equal units sold, how does operating income differ between variable costing and absorption costing?
Explain why US GAAP requires the use of absorption costing for external financial reporting.
Reference
Miller-Nobles/Mattison. (2020). Horngren’s accounting: The managerial chapters (7th ed.). Pearson.
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