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9.6 L03 Explain the meaning of 'contribution', and discuss its usefulness. 9.10 L01 Why is an understanding of cost behaviour (e.g. xed costs, variable costs,
9.6 L03 Explain the meaning of 'contribution', and discuss its usefulness. 9.10 L01 Why is an understanding of cost behaviour (e.g. xed costs, variable costs, etc.) important? Will such understanding be more important for nancial accounting or for management accounting? 9.11 L03 Why do we bother with break-even analysis? A business is formed to earn prot, not just to not make a loss (e.g. break even). Discuss
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