Costs of Production and Breakeven Analysis

This is the ideal lesson for understanding cost of production and the value of breakeven analysis. As a valuable teaching tool for the teacher, it is also saves time in resource preparation. For the student it is a valuable learning aid.
How it helps the student is as follows:

• entrenches the concepts of fixed, variable, total and average costs and breakeven analysis.
• provides opportunities through 3 case studies to calculate these costs.
• creates analysis of these costs for application to real world scenarios.
• demonstrates the value of breakeven analysis for businesses.