Week 15 Day 3 Action Items

Day 3

• [ ] Familiarize yourself with key CVP components, including fixed costs, variable costs, contribution margin, and the break-even point.
• [ ] Reflect on how CVP analysis can guide pricing and production decisions.

What product(s) or service(s) would I like to calculate a CVP analysis?

Locate the components to calculate the contribution margin and break-even point.

• [ ] Pull the needed information to total all fixed costs related to a specific product or service. (This was completed last week.)
• [ ] Pull the needed information to total all variable costs related to a specific product or service. (This was completed last week.)
• [ ] List out the corresponding price point for the same specific product or service. (This was completed last week.)

*Tomorrow we will look at the calculation for contribution margin and readdress break-even point.

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