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In Chapters 18 and 19 of Wild, J., & Shaw, K. (2022) text you learned about cost behavior, cost-volume-profit, and variable costing analysis . View

In Chapters 18 and 19 of Wild, J., & Shaw, K. (2022) text you learned about cost behavior, cost-volume-profit, and variable costing analysis . View the following YouTube videos

  • How to Calculate Break Even Points, Contribution Margin, and Target Quantity for a Specific Profit. (n.d.). Www.youtube.com.https://www.youtube.com/watch?v=xNaA-LkA-tY
  • Absorption vs Variable Costing. (n.d.). Www.youtube.com. Retrieved July 19, 2022, fromhttps://www.youtube.com/watch?v=VPFDAx04BZM

Once viewed discuss the following with your peers:

  1. What is cost-volume-profit analysis? What are its underlying assumptions and what would you do if assumptions are not met?
  2. How would you compare variable costing and absorption costing using a hypothetical example?
  3. Do research and discuss cost behavior analysis from the company that you work for currently or from a company in your own country? What did you learn in your research?

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