In this introductory course we explore fixed, variable, and mixed costs and how to use our understanding of these costs to better understand the relationships between cost, volume, and profit.

Course Key Concepts: Introductory managerial accounting, Cost Volume Profit, Fixed cost, Variable cost, Mixed cost, Break-even, Target profit, Contribution margin, Projecting costs, High-low method, Scattergraph/Regression, Margin of safety, Operating leverage.

NOTE: A downloadable file ‘Chapter 3.epub’ is available for this course. To access that file, please click here to download the file and use the appropriate player like (apple books or adobe digital editions) to run the file correctly.

Other Modules of Introductory Managerial Accounting by Erik Slayter.
1. Introductory Managerial Accounting - Classifying Costs
2. Introductory Managerial Accounting - Job Costing
3. Introductory Managerial Accounting - Cost, Volume-Profit Analysis
4. Introductory Managerial Accounting - Budgeting
5. Introductory Managerial Accounting - Variance Analysis
6. Introductory Managerial Accounting - Capital Budgeting