Answer these questions:

Chapter 19

1) How does the preparation of a contribution margin income statement enhance cost behavior understanding and comparisons?

2) How does cost-volume profit (CVP) analysis in the management process reinforce the concepts of comparability and understandability to better business profitability?

Chapter 23

1) How do managers use the concept of cost benefit for short-run decisions during the planning phase of the management process?

2) How do managers use the concept of cost-benefit for the short-run decisions during the evaluating phase of the management process?

Chapter 24

1) How do managers use the concept of cost-benefit for capital budgeting decisions during the planning phase of the management process?

2) How do managers use the concept of cost-benefit for capital budgeting during the performing phase of the management process?