Question: Discuss 1- Why is CVP analysis useful? Why is it an important concept in managerial accounting? 2- Effect of change in fixed cost on Breakeven

Discuss

1- Why is CVP analysis useful? Why is it an important concept in managerial accounting?

2- Effect of change in fixed cost on Breakeven point.

3- Change in unit variable cost on the contribution margin

4- Contribution Margin Ratio 5- Margin of Safety

6- What is the formula for Break-even point in Units

7- Operating Leverage 8- Variable /Absorption costing

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