this is as clear as I can get it I'm sorry if it's still blurry.

Chapter notes (I) Protected View Seved to this PC Insert Design Layout References Mailings Review View Help Search VIEW Be careful-fees from the Internet can contain viruses. Unless you need to edit, it's sales to stay in Protected View Enable Editing Chapter 7 Cost-Velame Profit 8. How does the term, contribution margin",get its name? In other words, what does it tell manager? Part - Introdection 1 What questions can CVP help entrepreneurs and managers address? 9. Mathematically, how is the contribution margin per anit defined? Part I How does CVP analysis help managers? (LOI) 2 What does CVP stod for? 3. What five pieces of interdependent information underpin CVP analysis? 10. Should only variable product costs, variable period costs, or both types of variable costs be included when calculating the CM unit? 11. Why is knowledge of the CM Unit so powerful? What does it tell managers! 12. How can managers quickly forecast operating income at different volumes within the relevant range using the CM'Unit information? Show how this is done What four key assumptions are made when performing CVP analysis 13. How is the CM ratio calculated? 5. What happens if assumptions are not met perfectly? 6. Show how a contribution margin income statement is formatted 14. What does the CM ratio tell managers? 15. How can managers quickly forecast operating income at different volumes within the relevant range using the CM Rato! Show how this is done 7. Why do managers like the CM Income Statement format? 16. What should managers always be careful about when they are predicting profits at different volumes? 24. When using this formula to find the breakeven point, what do we ALWAYS set operating income equal to? --files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View Enable Editing Chapter 7 Cost-Volume-Profit Part I- Introduction 1. What questions can CVP help entrepreneurs and managers address? Part II- How does CVP analysis help managers'? (LOI) 2. What does CVP stand for? 3. What five pieces of interdependent information underpin CVP analysis? F 2 4. What four key assumptions are made when performing CVP analysis? iv. 5. What happens if assumptions are not met perfectly? 6. Show how a contribution margin income statement is formatted 7. Why do managers like the CM Income Statement format? 16. What should managers always be careful about when they are predicting profits at different volumes? 8. How does the term, "contribution margin", get its name? In other words, what does it tell managers? 9. Mathematically, how is the contribution margin per unit defined? 10. Should only variable product costs, variable period costs, or both types of variable costs be included when calculating the CM/ unit? 11. Why is knowledge of the CM/Unit so powerful? What does it tell managers? 12. How can managers quickly forecast operating income at different volumes within the relevant range using the CM/Unit information? Show how this is done. 13. How is the CM ratio calculated? 14. What does the CM ratio tell managers? 15. How can managers quickly forecast operating income at different volumes within the relevant range using the CM Ratio? Show how this is done. 24. When using this formula to find the breakeven point, what do we ALWAYS set operating income equal to?_