Question: What Variable cost is: What Fixed cost are: What Mixed cost are: Calculate contribution margin Per unit. 3. methods ONLY need to know 2 of

  1. What Variable cost is:
  2. What Fixed cost are:
  3. What Mixed cost are:
  4. Calculate contribution margin Per unit.
    1. 3. methods ONLY need to know 2 of them: NOT the graph method.

21.How to calculate Break even: & definition of break even

22. Calculate marginal safety:

23. CVP income statement is & how to calculate it :

24. What a Master budget is:

Why we use budgets & why its useful

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