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Fundamentals of Cost-Volume-Profit Analysis

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After reading this chapter, you should be able to:

 

  LO 1   Use cost-volume-profit (CVP) analysis to analyze decisions.

 

  LO 2   Understand the effect of cost structure on decisions.

 

  LO 3   Use Microsoft Excel to perform CVP analysis.

 

  LO 4   Incorporate taxes, multiple products, and alternative cost structures into the CVP analysis.

 

  LO 5   Understand the assumptions and limitations of CVP analysis.

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