Cost-Volume-Profit (CVP) Analysis | Cost Accounting
In this article we will discuss about:- 1. Meaning of CVP Analysis 2. Procedure of CVP Analysis 3. Practical Applications of CVP Analysis 4. Assumptions of CVP Analysis 5. Profit-Volume Chart 6. CVP Analysis with Change in Selling Price 7. CVP Analysis in Multi-Product Situations. Meaning of CVP Analysis: Cost-Volume-Profit (CVP) analysis studies the relationship between expenses (costs), revenue (sales) [...]