Newspaper article

You recently read a newspaper article about how the majority of businesses fail in their very first year. To minimize the possibility of this happening to you, you decide to use a breakeven analysis. You know it is a very useful and powerful tool not only for new businesses but as an ongoing tool for the managers of a firm. At your next management meeting, discuss the following topics:
At least 3 different applications of breakeven analysis
The importance of only considering relevant versus irrelevant costs in analysis and decision making, using at least 1 example to demonstrate your point
The challenge of, and how to handle, the mixed (i.e., semi-fixed or semi-variable) cost category.
In your own words, please post a response to the Discussion Board and comment on at least 2 other postings. You will be graded on the quality of your postings.

The following rubric will be used for grading:

Grading Rubric

30%

At least 3 different applications of breakeven analysis.

30%

20% The importance of only considering relevant versus irrelevant costs in analysis and decision making

10% Use at least one example to demonstrate your point.

30%

The challenge of, and how to handle, the mixed (i.e., semi-fixed or semi-variable) cost category.

10%

Comment on other students' postings.

For assistance with your assignment, please use your text, Web resources, and all course materials.

Unit Materials

Unit 3 Course Materials