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What is the profit equation for cvp analysis

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Reference no: EM131774834

What is the profit equation for CVP analysis, and what do each of its variables mean? As a separate question, how is the breakeven point calculated? How can the breakeven point be expressed as an answer? Following up on this, is a business really interested in just breaking even? How is a breakeven analysis useful? What are some of the other answers that CVP analysis can provide to managers?

Reference no: EM131774834

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