## 1. 2.9 Allowing for a margin of safety

### 1.1. Margin of safety formulas

### 1.2. In terms of percent

## 2. 2.8 Calculating after-tax profit

### 2.1. Before tax profit

### 2.2. After-tax profit

## 3. 2.7 Applying break-even analysis

### 3.1. Break-even in terms of units

### 3.2. Break-even in terms of revenue

## 4. 2.6 Applying cost-volume-profit analysis (CVP)

### 4.1. assume a simple linear cost structure

### 4.2. Concept

### 4.3. Profit equation

## 5. Case study: MealKit4U

### 5.1. For each type of cost (fixed, variable and mixed), identify three examples that MealKit4U might have?

### 5.2. Maintaining a hotel room on average cost = $70. During off-season, reject an offer of $70 is a good decision?

### 5.3. Give examples of opportunity cost from your past decisions?

## 6. 2.5 Identifying relevant costs

### 6.1. Relevant costs

### 6.2. Sunk costs

## 7. 2.1 Understanding key cost terms

### 7.1. Key cost terms

7.1.1. Cost behaviour

7.1.2. Relevant range

7.1.3. Cost object

7.1.4. Cost driver

### 7.2. Key cost definitions

7.2.1. Fixed costs

7.2.2. Variable costs

7.2.3. Mixed costs

7.2.4. Relevant range