Question: 1. Among all assumptions in CVP analysis, which one do you think is the most critical? Explain. 2. How will you change the cost-volume-profit analysis

1. Among all assumptions in CVP analysis, which one do you think is the most critical? Explain.

2. How will you change the cost-volume-profit analysis if the assumption (you identify in the previous question) is not valid? Use a specific cost-volume-profit analysis (e.g., breakeven analysis) to explain.

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