Module 3 Discussion Forum Write an analytical summary of your learning outcomes from chapters 5 and 6. In addition to your analytical summary, address the following: Chapter 5 Resource: https://saylor

Module 3 Discussion Forum

Write an analytical summary of your learning outcomes from chapters 5 and 6. In addition to your analytical summary, address the following:

Chapter 5 Resource: https://saylordotorg.github.io/text_managerial-accounting/s09-how-do-organizations-identify-.html

Chapter 6 Resource:

https://saylordotorg.github.io/text_managerial-accounting/s10-how-is-cost-volume-profit-anal.html

As a manager, discuss how you would use or have used the concepts presented in chapters 5 and 6. Provide numerical examples to support your discussion.

Required:

1. Post your original discussion no later than day Sunday. Read and respond to at least 3 of your classmates’ posts. See class syllabus for posting requirements.

2. Be sure to support your work with specific citations using APA format

3. Read a selection of your colleagues’ postings using one or more of the following ways:

· Share an insight from having read your colleagues’ postings, synthesizing the information to provide new perspectives.

· Offer and support an alternative perspective using readings from the class materials or from your own research.

· Validate an idea with your own experience and additional research.

· Make a suggestion based on additional evidence drawn from readings or after synthesizing multiple postings.

· Expand on your colleagues’ postings by providing additional insights or contrasting perspectives based on readings and evidence.

· Return to this Discussion several times to read the responses to your initial posting. Note what you have learned and/or any insights you have gained as a result of the comments your colleagues made.

Reply to Post 1: 160 Words

Through chapter 5 and chapter 6, we learn how the organizations identify a different kind of cost behaviour patterns and how the following methods are helping to reduce the financial problems and successfully running the organization. Each business or organizations choose one out of three of the cost behaviour patterns. It explains the three different kinds of basic cost behaviour patterns such as Variable cost, Fixed cost, and Mixed cost. These three cost behaviour patterns help to identify the future earnings and cost changes occurred by the different kind of factors. It helps to understand the variable cost analysis, the example of bikes unlimited was helping to increase the understanding levels of cost behaviour patterns. This chapter provides each value of production cost for bikes unlimited are in the tabular form, the graphical representation helps easy to analyse and understand the present situation of the organization.

The fixed cost analysis is the second cost behaviour pattern, in chapter 5 explains the total production of bikes unlimited and its cost in the graphical representation. The example of United Airlines, by using the fixed cost analysis how the United Airlines overcome their struggles to control the cost. I learn the sub-factors of the fixed cost that are committed fixed cost and discretionary fixed cost. The main differences between these two costs are short changes and significant impacts. The committed fixed cost cannot impact on the short-run changes and it doesn’t show any significant changes in the organization but the discretionary fixed cost is quite opposite for the committed fixed cost. The third cost pattern is mixed cost and it gives the combined result of variable cost and fixed cost based on the organization current situation(Lunsky & et al., 2019).

Chapter 6 explains how the cost volume profit analysis helps the managers, how these three factors help to simplify the decision making to managers. I observe that the single product companies and multi-product companies are having a minimal difference even they are using the same procedure of cost volume profit analysis. The profit equation and contribution margin income statement of single product companies are always initiated with the sales. T…