Question: 7. What is sensitivity analysis? 8. What are 3 ways in that CVP analysis can be used by managers to make decisions? 9. How does

7. What is sensitivity analysis? 8. What are 3 ways in that CVP analysis can be used by managers to make decisions? 9. How does variable costing differ from absorption costing? 10. If units produced = units sold, is the net income under variable costing or absorption costing greater? 11. If units produced> units sold, is the net income under variable costing or absorption costing greater? 12. If units produced< units sold, is the net income under variable costing or absorption costing greater?

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