You are the management accounting department and a manager in your company has the following two questions.

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You are the management accounting department and a manager in your company has the following two questions. Any competent business person (not just accountants) should be able to understand your answers. Be clear, complete and concise.

Question 1 : How can CVP analysis help managers?

Question 2 : What is the difference between contribution margin and gross margin?

Posted Date: Nov 19, 2021 03:50 PM

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You are the management accounting department and a manager in your company has the following two questions.

Question:

Expert Answer:

1 CVP analysis means Cost Volume Profit analysis which shows the relationship and dependency between ... View the full answer

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