cvp is the analysis that deals with how profits and cost change
with a change in volume
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CVP stands for Cost-Volume-Profit.
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Cost-volume-profit analysis (CVP), or break-even analysis,
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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.
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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.