how CVP analysis is used for decision making?

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how CVP analysis is used for decision making?

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One of the most basic planning tools available to the managers is the Cost-volume-profit analysis. Cost-volume-profit(CVP) analysis examines the behavior of total revenues, total costs, and operating...
Managers use CVP concepts to perform sensitivity analysis. Sensitivity analysis is a "what-if" technique that asks what will happen to a company's breakeven or target profit if sales price, costs, or...
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