Unformatted text preview: Kinney, M.R. & Raiborn, C.A. (2011). Cost Accounting: Foundations and Evolutions. Cengage Learning. Mason, Ohio Tammy Hardin Hi Tammy, Profit depends on a large number of factors, most important of which are the cost of manufacturing and the volume of sales, volume of sales depends upon the volume of production and market forces which turns in related to costs. Management has no control over market. In order to achieve certain level of profitability, it has to exercise control and management of costs, mainly variable cost. This is because fixed cost is a non-controllable cost. Good post! Jack...
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- Fall '10
- Economics, CVP analysis, Tammy Hardin