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CVP ANALYSIS AND COMPUTER APPLICATIONS
The output from a CVP model is only as good as the input. The analysis will include assumptions about sales mix, production efficiency, price loads, total fixed costs, variable costs and selling price per unit.
The CVP equation can be used to develop financial planning programs. These programs quickly calculate the effects of changes in price, costs and volume on an organization’s profits. They result such “what- if” questions as:
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Explain with examples five areas where linear programming can be applied in Managerial accounting
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Describe the impact of different types of standards on motivations and specifically,the likely effect on motivation of adopting the labor standard recommended?
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relevance to business owners, employees and public?
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