Module 3 · Managerial & Cost Accounting

Accounting turned inward: cost behavior, break-even, budgets and variances, and the relevant costs behind everyday decisions.

What you'll be able to do after this module, the lesson plan, and the key frameworks.

Fixed vs. variable, direct vs. indirect, the overhead problem (and ABC), and contribution margin.

Break-even, target profit, margin of safety, and operating leverage.

Building a budget, flexible budgets, and decomposing the actual-vs-plan gap.

Sunk vs. relevant costs, opportunity cost, make-vs-buy, special orders, and pricing floors.

Build and stress-test a complete break-even model for a product or business of your choice.