Costs, Volume and Profits
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.
- 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