1 / 26

This item has no instructions

Introduce the learning objective and set expectations for the lesson.

What do you already know about marginal costing?

This item has no instructions

Provide a brief definition of marginal costing.

Explain the concept of variable costs and provide examples.

Explain the concept of fixed costs and provide examples.

Define contribution margin and its significance in marginal costing.

Show the formula for calculating contribution margin.

Introduce the concept of break-even analysis and its relevance in decision-making.

Explain the formula for calculating the break-even point in units.

Explain the formula for calculating the break-even point in sales value.

Highlight the advantages of marginal costing.

Discuss the limitations of marginal costing.

Compare and contrast marginal costing with absorption costing.

Further discuss the differences between marginal costing and absorption costing.

Provide a practical example to illustrate the application of marginal costing in decision-making.

Present another practical example to reinforce understanding of marginal costing.

Engage students with a calculation exercise to apply their knowledge.

Encourage students to analyze different scenarios and discuss the results.

Summarize the main points covered in the lesson.

Present case studies or examples to demonstrate the practical application of marginal costing.

Allocate time for a Q&A session to address student queries.

Conclude the lesson by summarizing the main points and highlighting their relevance.

Write down 3 things you learned in this lesson.

Have students enter three things they learned in this lesson. With this they can indicate their own learning efficiency of this lesson.

Write down 2 things you want to know more about.

Here, students enter two things they would like to know more about. This not only increases involvement, but also gives them more ownership.

Ask 1 question about something you haven't quite understood yet.

The students indicate here (in question form) with which part of the material they still have difficulty. For the teacher, this not only provides insight into the extent to which the students understand/master the material, but also a good starting point for the next lesson.