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(PLEASE TYPE THE ANSWERS) (ACCOUNTING 640) Explain the how CVP analysis might be used in...

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Accounting

(PLEASE TYPE THE ANSWERS) (ACCOUNTING 640)

Explain the how CVP analysis might be used in your workplace or in a different environment you are familiar with. Why is understanding the mix between fixed costs and variable costs important? How can understanding break-even point change decision making specifically in your example? Why would a non-accountant need to have a good understanding of this type of analysis and terms?

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