Cost Volume Profit (CVP) SIMPLIFIED

🚀 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: https://youtu.be/SeJCpxc87hg

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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

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Steve Willis ACCA
How to Pass the ACCA PM Exam
www.stevewillistraining.com

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