Managerial Accounting

Explain the break-even point and how it is used in accounting
Give an example (not from the book) for all three methods. Be sure to explain how you figured this break-even
point.
Create a balanced scorecard (an original one, not from the book or from the internet) for an industry of your
choice.
Create a grading system for each point on your system. I recommend 100 points in all.
Give the company you are analyzing a grade for each point as of today.
Provide an explanation for that grade.
Set a goal for the grade your company wants for next year.
Why is it important to analyze a company’s break-even point?
Why are balanced scorecards necessary?
How do you hope to use these skills in the workplace?