Cost Volume-Profit relationship
Describe briefly the term Cost Volume-Profit relationship?
Expert
Cost Volume-Profit (or CVP) relationship is and determine that studies the relationships between the following factors and its influence on the amount of profits. -Selling price per unit and sum total sales amount • Total cost that might be in any form that is, Variable cost or fixed cost.
-Volume of sales CVP is a management accounting instrument which expresses relationship between total sales, profit and total cost. Cost Volume-Profit relationship is one of the significant methods of cost and management accounting. It is a powerful instrument which finishing the entire picture of the profit composition and assists in planning of profits. It can as well answer what if kind of questions through telling the volume needed to create. This concept is related in all decision making regions, specifically in the short run.
Briefly describe endowment policy method of calculating depreciation?
Please complete each of the 3 (three) tasks listed at the end of the problem based on the information below information. Joe Fast started a mobile snack food service on January 2, 2006, investing $15,000 cash depositing in a bank account in the name of “Fast Snacks.” He purchased a second hand, ful
What is the major difference between the LOV and Picklist? Illustrate briefly?
Describe the Pre defined Queries? Briefly state the definition.
Write down the various kinds of expenditures considered for the reason of accounting?
As per Companies Act and Income Tax Act compare Depreciation?
What do you mean by the term Client Business Service? Explain in short.
Give a brief introduction about the term P/V ratio and Contribution?
Is it okay to consider capital expenditures while computing the profitability of throughout a certain period?
Give a brief introduction of the term ‘Gross Profit’?
18,76,764
1955135 Asked
3,689
Active Tutors
1441663
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!