Hello How can CVP Analysis be used to predict future costs and profitability?

HelloHow can CVP Analysis be used to predict future costs and profitability? Describe how CVP Analysis is used, or could be used, at your current place of employment. If you have not worked for a company that might use CVP Analysis, you may choose a well-known company and describe how you envision that company using CVP Analysis.Thanks

The CVP analysis or the cost volume profit analysis is used for determining the future costs andprofitability. The managers of the established businesses aim to achieve a target profit ratherthan…

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