Summary
Accounting and Finance: An Introduction - McLaney and Atrill (2018) - Chapter 9 (Summary)
- Institution
- Kings College London (KCL)
Book: Accounting and Finance: An Introduction by McLaney and Atrill (2018) Summary: Chapter 9
[Show more]
Connected book
Book Title:
Author(s):
- Edition:
- ISBN:
- Edition:
Content preview
Week 8 – Finance and AccountingChapter 9 – Cost-volume-profit analysis
FIXED COSTS
Graph of fixed cost against volume of activity:
- Fixed costs elements are almost always time-based: that is, they vary with the length
of time concerned
- Certain fixed costs are only fixed over a particular range (known as the relevant
range)
Graph of rent cost against the volume of activity:
VARIABLE COST
Graph of variable cost against the volume of activity:
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller kimkx. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £3.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
73918 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy revision notes and other study material for 14 years now