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Discuss the significant of having margin in safety

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Question A. Cost volume profit analysis is a technique that examines how profit change with the changes in sales volumes, cost and selling price. Explain the assumptions that used in this analysis.

Question B. Margin of safety is the excess of budgeted sales over the break-even volume of sales. Discuss the significant of having margin in safety by giving an example.

Reference no: EM132595530

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