Costs, Volume and Profits 1.0
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This course introduces fixed and variable costs, in order to explain how the mix of costs impacts a company during both economic growth and decline. Break-even or target profit calculations are also identified, giving your staff the financial knowledge they need to navigate the financial health of your organization.

 

After completing this course you should be able to:
• Recognize the difference between a fixed and variable cost
• Understand the significance of the type of cost during economic growth or decline
• Perform break-even or target profit calculations

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