| Short-Term Profit Planning: Cost-Volume-Profit (CVP) Analysis
After studying this chapter, you should be able to . . . - Explain cost-volume-profit (CVP) analysis, the CVP model, and the strategic role of CVP analysis
- Apply CVP analysis for breakeven planning
- Apply CVP analysis for profit planning
- Apply CVP analysis for activity-based costing
- Understand different approaches to risk and uncertainty in CVP analysis
- Adapt CVP analysis for multiple products/services
- Apply CVP analysis in not-for-profit organizations
- Identify the assumptions and limitations of CVP analysis
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