Question: Your supervisor has requested that you prepare a CVP graph for your companys product but does not understand its meaning or how changes would affect

Your supervisor has requested that you prepare a CVP graph for your company’s product but does not understand its meaning or how changes would affect the graph.
Explain to your supervisor how your graph would be affected by:
a. An increase in the selling price.
b. A decrease in variable cost per unit.
c. An increase in fixed costs.

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