Cost Volume Profit CVP SIMPLIFIED

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🚀 Get more ACCA PM help: https://www.stevewillistraining.com 🚀 Learn how to easily calculate break-even point, target profit, contribution and more on you ACCA PM exam. I'll show you how to make a Profit/Loss statement (P/L) under marginal costing and evaluate the impact of profit of changing a selling price and activity levels. You'll learn the concepts of CVP analysis and marginal costing to get a pass on ACCA PM (performance management) exam. • Here's the link to the questions I do: https://shorturl.at/hjquET • Here's the video on Marginal Costing: • Marginal vs Absorption Costing Simpli... • ******************************** • Table of Contents: • 00:00 - Introduction • 01:11 - Breakeven Point Explained • 02:24 - How to calculate contribution per unit • 03:35 - Contribution explained • 04:22 - How to calculate break-even point • 06:11 - How to calculate sales required to reach a target profit • 07:43 - How to calculate profit using marginal costing • 10:43 - How to calculate new contribution per unit • 11:40 - Calculate #of units needed to reach target profit • 14:31 - How to produce a Profit/Loss statement • 15:41 - Contribution/Sales Ratio • 16:17 - How to calculate profit with C/S ratio • ******************************** • Steve Willis ACCA • How to Pass the ACCA PM Exam • www.stevewillistraining.com

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