Electrix, Inc. is an electric car manufacturer that is in the third round of production for new, state-of-the-art electric sport utility vehicle (SUV). The accounting department is fairly diverse, and you specifically work in the budgeting and projection area of new products. Due to many changes in the way sales projections are communicated within the corporation, the CFO has asked your team to conduct a cost-volume-profit analysis for the new electric SUV that will hit the market in the upcoming year. Completing multiple sales projections can yield various outcomes.

• Select 1 strategy to use to complete  cost-volume-profit analysis, and provide your reasons for the choice.

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Costvolumeprofit CVP analysis is a method of cost accounting that looks at the impact that varying l... View the full answer