cvp is the analysis that deals with how profits and cost change with a change in volume

CVP stands for Cost-Volume-Profit.

Cost-volume-profit analysis (CVP), or break-even analysis,

Cost-volume-profit analysis (CVP), or break-even analysis, is used to compute the volume level at which total revenues are equal to total costs.

A key advantage to cost-volume-profit analysis is the fact that it allows managers to more easily answer questions and provides details of company activity. A large drawback is the fact that CVP is limited to its amount of information it can provide.