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Q: How is the profit equation expanded when multiple Cost Volume Profit analysis is used?
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Related questions

What are the differences between cost volume profit analysis and break even profit analysis?

there no difference between break even profit analysis and cost volume profit analysis


What is profit sensitivity analysis?

limitatios for profit sensitivity analysis


What is break even analysis and how does it work with cost volume profit analysis?

cost volume profit is use anlyse how cost and profit change with change in volume of activity


What is another name for break-even analysis?

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


How would you define cost-volume-profit 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.


What is the purpose of Cost volume profit analysis?

b


Why do firms produce multiple products?

Firms produce multiple products because the aim is to be a producer that maximizes profit. Firms produce multiple products to get maximum profit.


What are the advantages of cost volume profit analysis?

One advantage of cost volume profit analysis is so that businesses can plan for the future. A business might be wanting to expand, but if the profit margin is too low, they may have to wait to expand.


What is the general equation for income?

Profit-Cost=Income


What is the cost volume profit analysis?

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


What is tescos profit?

12500 . What multiple of what currency?


What are the limitations of cost volume profit analysis?

A number of limitations are commonly mentionedwith respect to CVP analysis:1. The analysis assumes a linear revenue functionand a linear cost function.2. The analysis assumes that what is produced issold.3. The analysis assumes that fixed and variablecosts can be accurately identified.4. For multiple-product analysis, the sales mix isassumed to be known and constant.5. The selling prices and costs are assumed o beknown with certainty.