Marginal Costing Break Even Point (BEP)

Marginal Costing & Break Even Point (BEP), available at $19.99, has an average rating of 4.4, with 13 lectures, based on 5 reviews, and has 18 subscribers.

You will learn about Concept of Marginal Costing & Break even Point (BEP) Calculation of P/V Ratio Case Studies on BEP Calculation of Product Mix using Marginal Costing This course is ideal for individuals who are Graduation Students, Management Students, MBA, BBA, Commerce students, Data Analytics students It is particularly useful for Graduation Students, Management Students, MBA, BBA, Commerce students, Data Analytics students.

Enroll now: Marginal Costing & Break Even Point (BEP)

Summary

Title: Marginal Costing & Break Even Point (BEP)

Price: $19.99

Average Rating: 4.4

Number of Lectures: 13

Number of Published Lectures: 13

Number of Curriculum Items: 13

Number of Published Curriculum Objects: 13

Original Price: ?1,499

Quality Status: approved

Status: Live

What You Will Learn

Concept of Marginal Costing & Break even Point (BEP)

Calculation of P/V Ratio

Case Studies on BEP

Calculation of Product Mix using Marginal Costing

Who Should Attend

Graduation Students, Management Students, MBA, BBA, Commerce students, Data Analytics students

Target Audiences

Graduation Students, Management Students, MBA, BBA, Commerce students, Data Analytics students

Marginal costing is the accounting system in which variable costs are charged to cost units and fixed costs of the period are written off in full against the aggregate contribution. Marginal costing is also the principal costing technique used in decision making. The key reason for this is that the marginal costing approach allows management’s attention to be focused on the changes which result from the decision under consideration. The concept of marginal costing is based on the behaviour of costs that vary with the volume of output. Marginal costing is known as ‘variable costing’, in which only variable costs are accumulated and cost per unit is ascertained only on the basis of variable costs. A break-even point is the minimal accepted point for most businesses. Here, the total costs for a product or service and the total revenue that product or service have brought in are equal. Therefore, there is no profit nor any loss. This type of revenue is needed to cover the total fixed and variable expenses of the company for a specified time period.

To calculate the BEP in units:

BEP in Units = Fixed Costs / (Sales Price per Unit – Variable Cost per Unit)

To calculate the BEP in Dollars:

BEP in Rupees = Sales Price per Unit x BEP in Units

There are 3 factors in the breakeven calculation:

the sale price

the level of variable costs

the level of fixed costs

The breakeven point is reached when the margin on variable costs generated by the company equals the total amount of its fixed costs.

In this course, the students will learn:

Concept of Marginal Cost and Break Even Point

Marginal Cost Equation

Cases and Problems in Marginal Costing

Break Even Point (BEP) & Profit Volume Ratio (P/V Ratio)

Income Statement in Break Even Analysis

Indifference Point

Course Curriculum

Chapter 1: Introduction

Lecture 1: Introduction

Chapter 2: Marginal Costing Equation

Lecture 1: Marginal Cost Equation

Lecture 2: Marginal Cost Equation-Problem II

Lecture 3: Marginal Cost Equation-Problem III

Lecture 4: Marginal Cost Equation-Problem IV

Chapter 3: Break Even Analysis

Lecture 1: BEP-I

Lecture 2: BEP-II

Lecture 3: BEP-III

Lecture 4: BEP -IV

Lecture 5: BEP-V

Chapter 4: Break Even Point & P/V ratio

Lecture 1: Break Even Point & P/V ratio

Chapter 5: Income Statement & Break Even Analysis

Lecture 1: Income Statement & Break Even Analysis

Chapter 6: Indifference Point

Lecture 1: Indifference Point

Instructors

Dr.Himanshu Saxena
MANAGEMENT PROFESSIONAL (MBA,Ph.D, UGC NET,SET QUALIFIED)

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2 stars: 1 votes

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4 stars: 1 votes

5 stars: 3 votes

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