1. Understand the assumptions underlying cost-volume-profit (CVP) analysis
2. Explain the features of CVP analysis
3. Determine the breakeven point and output level needed to achieve a target opera
CHAPTER 2 AN INTRODUCTION TO COST TERMS AND PURPOSES
(15 min.) Computing and interpreting manufacturing unit costs.
(in millions) Regular $ 62.00 8.00 24.00 $ 94.00
Direct material cost Direct manuf. labor costs Indirect manuf. costs Total manuf.
CHAPTER 1 THE ACCOUNTANTS ROLE IN THE ORGANIZATION See the front matter of this Solutions Manual for suggestions regarding your choices of assignment material for each chapter. 1-1 Management accounting measures, analyzes and reports financial and nonfina