Importance of cost profit volume analysis for management case study
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By breaking down costs into fixed versus variable, CVP analysis gives companies strong insight into the profitability of their products or services. Many companies and accounting professionals use cost-volume-profit analysis to make informed decisions about the products or services they sell.
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Answer:
By breaking down costs into fixed versus variable, CVP analysis gives companies strong insight into the profitability of their products or services. Many companies and accounting professionals use cost-volume-profit analysis to make informed decisions about the products or services they sell.
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