Mini-mock 1 walkthrough
Taught by Robert Cook · AI tutor support included
You’ll learn how to approach two common CIMA OCS Core Activity E decision-making tasks: relevant costing and break-even analysis.
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In this lesson
- 0:00 Core Activity E Decision-Making Mini Mock
- 1:24 Relevant Costing Question Requirements
- 2:43 Relevant Costing Principles And Structure
- 3:23 Identifying Relevant And Irrelevant Costs
- 7:50 Calculating Opportunity Costs And Capacity
- 9:08 Relevant Costing Recommendation And Non-Financial Factors
- 10:50 Break-Even Analysis Question Requirements
- 13:40 Calculating Multi-Product Break-Even
- 15:37 Margin Of Safety And Budgeted Profit
- 17:17 Break-Even Limitations And Sensitivity Analysis
- 20:06 Break-Even Recommendation And New Projects
About this lesson
The mini-mock debrief explains how to identify relevant and irrelevant costs, including opportunity costs, sunk costs, committed costs and incremental costs, before making a recommendation that considers both financial and non-financial factors. You’ll also work through multi-product break-even analysis using contribution to sales ratios, weighted average contribution, budgeted profit and margin of safety. The lesson highlights how to interpret the results, assess assumptions and limitations, apply sensitivity analysis, and structure clear exam answers using the model solutions as a guide.
Duration: 22m
Transcript
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