Why is CVP analysis a short-run tool? Why is it inappropriate as a long-run model?

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Cost Accounting Traditions and Innovations

ISBN: 978-0324026450

4th edition

Authors: Barfield Jesse, Raiborn Cecily, Kinney Michael

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Question Posted: Dec 27, 2016 08:30 AM

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Why is CVP analysis a short-run tool? Why is it inappropriate as a long-run model?

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CVP analysis assumes that the prices are same at all levels of activi...View the full answer

Cost Accounting Traditions and Innovations

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