I have learned about this topic Prepare and interpret a cost-volume-profit (CVP) graph and a profit graph, Use the contribution margin ratio to compute changes in contribution margin and net operating income resulting from changes in sales volume, Show the effects on the contribution margin of changes in variable costs, fixed costs, selling price, and volume, Determine the level of sales needed to achieve the desired target profit, Determine the break-even point, Compute margin of safety and its significance, Compute the degree of operating leverage and a particular levels of sales and explain how it can be used to predict changes in net operating income, Compute the break-even point in a multiproduct company and explain the effects of shifts in the sales mix on contribution margin and the break-even point
