Cost-Volume-Profit-Analysis

Answer the following questions using the following references below and the attached lecture notes.

1. What is relevant range? 

2. Give two examples of costs that are variable costs and two examples of fixed costs. 
Cost-Volume-Profit Analysis 

https://www.khanacademy.org/economics-finance-domain/microeconomics/firm-economic-profit/average-costs-tutorial/v/fixed-variable-and-marginal-cost

High-Low Method – 

https://corporatefinanceinstitute.com/resources/knowledge/accounting/high-low-method/

 http://www.myaccountingcourse.com/accounting-dictionary/high-low-cost-method 

 Contribution Margin and Ratio – 

 http://www.financeformulas.net/Contribution-Margin.html 

 http://www.accountingdetails.com/contribution_margin_ratio.htm 

https://www.accountingtools.com/articles/2017/5/16/contribution-margin-ratio

 Break-even analysis: https://www.thebalance.com/how-to-do-a-breakeven-analysis-1200834 

 http://www.witiger.com/marketing/breakevenanalysis.htm 

 http://www.accountingformanagement.org/break-even-point-analysis/ 

https://corporatefinanceinstitute.com/resources/knowledge/modeling/break-even-analysis/

 Margin of Safety: http://www.myaccountingcourse.com/financial-ratios/margin-of-safety 

 http://www.accountingformanagement.org/margin-of-safety