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Relevant Costing for Managerial Decisions


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LO 1 Compute contribution margin and describe what it reveals about a company's cost structure.
LO 2 Compute break-even point for a single-product company.
LO 3 Prepare a contribution margin income statement.
LO 4 Describe several applications of cost-volume-profit analysis.
LO 5 Explain the steps in the managerial decision process.
LO 6 Describe the importance of relevant costs for short-term decisions.
LO 7 Evaluate short-term managerial decisions using relevant costs.










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