Calculate fixed and variable costs, contribution margin, contribution margin ratio, break-even… 1 answer below »

2. Calculate fixed and variable costs, contribution margin, contribution margin ratio, break-even
point in sales dollars and units, and target sales volume in dollars and units.
3. Appraise how pricing decisions are made.
4. Calculate both return on investment and residual income and explain how each method is
used.
6. Apply the concept of costs to various costing systems including justification of cost and system
choices.
7. Implement systems to plan and control business operations.