ACC 206 Week 4 Discussion 2 | Assignment Help | Ashford University
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- 20 Jan 2020
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ACC 206 Week 4 Discussion 2 | Assignment Help | Ashford University
Direct
Write-off Method and Allowance Method
Prior to beginning work on this discussion,
read Chapter 21 in the textbook. In addition, the MyLab materials listed in the
Recommended Resources section this week may provide more in-depth information
for this discussion (optional).
Write: Make sure your response addressing the
prompt is more than 200 words and that you include an in-text citation or a
brief quote from the reading material where appropriate.
Cost-volume-profit (CVP) can be used to
calculate the break-even point. The break-even point is the sales level at
which the company does not earn a profit or loss. CVP can also be used to add
in an amount of profit (target profit) in the calculation. Costs can either be
fixed, variable, or mixed.
Include the following in your post:
• Explain
variable costs, fixed costs, and mixed costs.
• What
is meant by the term relevant range?
• What
is contribution margin and how is it calculated?
• Explain
the three methods: the equation approach, the contribution approach, and the
contribution margin approach to calculate the break-even point.
• Present
a chart that depicts the four steps that are necessary to develop the CVP
chart.
• What
is margin of safety and operating leverage?
Guided Response: Respond to at least two of
your classmates by commenting on their posts. Though two replies are the basic
expectation for class discussions, for deeper engagement and learning you are
encouraged to provide responses to any comments or questions others have given
to you. Continuing to engage with peers and the instructor will further the
conversation and provide you with opportunities to demonstrate your content
expertise, critical thinking, and real-world experiences with the discussion
topics.