Question: How can I use it do develop budget? Cost-volume-profit analysis is an extension of break-even analysis. CVP analysis enables managers to understand cost behavior and

How can I use it do develop budget?

How can I use it do develop budget? Cost-volume-profit analysis is an

Cost-volume-profit analysis is an extension of break-even analysis. CVP analysis enables managers to understand cost behavior and the effect on profits in response to a wide variety of influences, such as changes in volume, variable and fixed costs, and price. This helps management make appropriate business decisions. How would you use CVP analysis to develop a budget? Elaborate using examples

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