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Which of the following are possible reasons why the output from CVP analysis is useful...

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Accounting

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Which of the following are possible reasons why the output from CVP analysis is useful to organizations? 1. It represents one of the factors to consider when deciding whether to launch a new product 2. It represents one of the factors to consider when deciding whether to change the price of its products 3. It represents one of the factors to consider when deciding whether to incur additional cost Statement 1 only Statement 1 and 2 only Statement 1 and 3 only o Statement 2 and 3 only Statement 1 2 and 3

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