Download Management Accounting by Kurt Heisinger Pdf book free online – from Management Accounting by Kurt Heisinger Pdf book; This book is aimed squarely at the new learning styles evident with today�s students and addresses accounting industry changes as well.
This book covers the following topics: What Is Managerial Accounting, Job Costing Used to Track Production Costs, Process Costing Used to Track Production Costs, Cost Volume Profit Analysis Used for Decision Making
A Break even chart depicts marginal costing technique graphically. It is a “chart which shows the profitability or otherwise of an undertaking at various levels of activity and as a result indicates the point at which neither profit nor loss is made”
A break-even chart should be in a form which is suitable for the particular purpose.The following is a Contribution Break-even Chart showing the contribution more clearly than the orthodox type. Some cost accountants favour it because
of the fact that it reveals more clearly the effects of fixed overheads on volume of sales.
Break-even charts ignore the capital employed in business, which is one of the important factors in the determination of profitability. It is, therefore, wise not to place too much reliance on a break even chart or consider it as the only means of judging the profits to be obtained at higher levels.