After studying Chapter 12, you should be able to:
LO 12-1 | Identify relevant and irrelevant costs and benefits in a decision. |
LO 12-2 | Prepare an analysis showing whether a product line or other business segment should be added or dropped. |
LO 12-3 | Prepare a make or buy analysis. |
LO 12-4 | Prepare an analysis showing whether a special order should be accepted. |
LO 12-5 | Determine the most profitable use of a constrained resource. |
LO 12-6 | Determine the value of obtaining more of the constrained resource. |
LO 12-7 | Prepare an analysis showing whether joint products should be sold at the split-off point or processed further. |