Q.1: Why is an understanding of cost behaviour important (e.g. fixed costs, variable costs and mixed costs).
Q.2: Explain the meaning of 'Contribution" and 'Break-Even analysis' and discuss their usefulness.
Q.3: Break-even/CVP analysis seems to be great tool. Does it have any weaknesses?
Q.4: Analyse FMG 2015 and 2016 Annual reports and discuss the factors that influence the miners' break-even costs.
Q.5: Analyse the iron ore industry market and discuss which iron ore companies are at most risk.