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COMMERCE 354 Winter 2013 Konjo Use of High-low method to isolate VC and FC Understanding when and why the high-low method is utilized Separating production from sales by using the correct cost driver Understanding break-even Opportunity costs and capacity constraints PICAZON What needs to be done to COGS?Why classify costs? Why does COGS need to be “adjusted”? Difference between contribution margin and gross margin Two Approaches to segregate costs Manufacturing and Non-manufacturing versus Fixed and Variable Why the inventory method chosen makes no difference. Financial impact of pricing discounts Issues (#,$$) surrounding “big orders” Albert’s Gadgets Constructing Alternatives Analyzing Overhead and the danger of allocating fixed overhead Opportunity costs and sunk costs Understanding how to read financial statements and recognize where the misleading numbers exist. Building a model using multiple approaches Nehaw Bay Decision analysis Estimating fixed and variable costs
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  • Winter '08
  • all
  • gross margin, Albert’s Gadgets, ALBERT’S WIZZERS

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