Cost-Volume-Profit Analysis

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A 6 page paper discussing cost-volume-profit (CVP) analysis, its uses and limitations. The bottom line on CVP analysis is that it may or may not provide a full and accurate picture of reality on the shop floor. At the very least, however, it does provide an indication of the costs associated with an end result and can be used for gross analysis or as an indicator that closer inspection is appropriate. Bibliography lists 4 sources.