This video is number 3 of 6 developed for Chapter 18, Principles of Accounting by Larry Walther of PrincplesofAccounting.com. This 6 minute video reviews relevant terms and covers concepts using a numerical example. The text that corresponds to the video can be found by accessing the mirror site link.
Type of Material:
Video Presentation.
Recommended Uses:
This video is only six minutes long and can be used as a lecture to introduce the concept in class or as review outside of class.
Technical Requirements:
None.
Identify Major Learning Goals:
As a result of viewing and studying this video, users will be able to:
Define the break even point.
Use a graph to understand the break even point.
Computer the break even point in units.
Computer the break even point in sales.
Target Student Population:
Lower level managerial accounting course.
Prerequisite Knowledge or Skills:
Knowledge of fixed and variable costs.
Content Quality
Rating:
Strengths:
The video is very well done and uses a very pragmatic approach to present the concepts. It is easy to follow and understand. Content is clearly and concisely presented. Content is accurate, current, and relevant. The author provides an example of break even point and shows the impact on profit when sales are below break even or above break even.
Concepts are summarized well. Quality is outstanding.
Concerns:
None
Potential Effectiveness as a Teaching Tool
Rating:
Strengths:
The video is highly effective in the manner in which it presents relevant information for calculating the break even point for selling one product. Objectives are identified. Concepts are introduced and reinforced progressively, while building on prior concepts. The presentation shows the results on profits when fewer units are sold and when more units are sold. The numerical example and graphical example are excellent reinforcements.
Students can easily replay the video as needed to grasp the concepts.
Concerns:
None
Ease of Use for Both Students and Faculty
Rating:
Strengths:
This video would be very effective as a demonstration of the core concept of break even analysis/target analysis. Instructor can easily incorporate additional examples as practice/homework. The slides used in the presentation are visually appealing. The audio is good.
Concerns:
None
Creative Commons:
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