Question: Why is the assumption that a company is operating with in its relevant range necessary for break-even analysis and cost-volume-prot analysis? What will happen if

Why is the assumption that a company is operating with in its relevant range necessary for break-even analysis and cost-volume-profit analysis? What will happen if the company begins operating (a) above or (b) below its relevant range?

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A relevant range is a quantity of units that can be produced while keeping fixed costs fixed in tota... View full answer

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