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Prepare a report in which you: Explain the value of preparing a contribution income statement....

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Accounting

Prepare a report in which you: Explain the value of preparing a contribution income statement. Describe the concept of sensitivity analysis and explain the value of applying it during any budgeting process. Define operating leverage and explain how analysis of operating leverage alternatives would be applied to this decision. Describe strategic reasons why the company should bring printing and binding of their magazine in house. Describe strategic reasons for not bringing printing and binding of their magazine in house. Illustrate application of the five steps of strategic decision making for CVP analysis to this decision scenario.

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