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USES OF CVP ANALYSIS
1. .It allows preparation of flexible budgets.
2. It provides help in forecasting accurate profit.
3. It aids in formulating price policy.
4. It is helpful in performance appraisal/evaluation and management control.
5. It is highly useful in managerial decision making
6. It helps in determining the amount of overhead cost to be charged to various levels of operations.
Allocation of Overhead Costs Allocation of overheads is the term utilized where the overhead cost item can be charged to a exact cost center without the requirement for any es
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Question The statements of comprehensive income for three entities for the year ended 30 September 2009 are presented below: SOT PB UV
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