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q1.docx - Hello Sarath, You have mentioned key points for...

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Hello Sarath,You have mentioned key points for CVP in your article. Adding to your article, Cost-Volume-Profit (CVP) Analysis mainly shows how a business profits and costs changes with the change inthe volume. CVP analysis can also help to understand the factors affecting profit such as thefixed cost, variable costs, selling costs, volume and product selling expenses.Following are few components involved in cost volume profit analysisActivity level- This is the total number of units sold in the measurement period.Variable cost per unit- This is the totallyvariable costper unit sold, which isusually just the amount ofdirect materialsand the sales
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