(PLEASE TYPE THE ANSWERS) (ACCOUNTING 640)
Explain the how CVP analysis might be used in your workplace or in a different environment you are familiar with. Why is understanding the mix between fixed costs and variable costs important? How can understanding break-even point change decision making specifically in your example? Why would a non-accountant need to have a good understanding of this type of analysis and terms?
Explain the how CVP analysis might be used in your workplace or in a different environment you are familiar with. Why is understanding the mix between fixed costs and variable costs important? How can understanding break-even point change decision making specifically in your example? Why would a non-accountant need to have a good understanding of this type of analysis and terms?
