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5 Main Elements of Cost-Volume-Profit Analysis | Cost Accounting

The following points highlight the five main elements of cost-volume-profit analysis. The elements are: 1. Marginal Cost Equation 2. Contribution 3. Profit/Volume (P/V) Ratio 4. Break Even Point 5. Margin of Safety. Cost-Volume-Profit Analysis: Element # 1. Marginal Cost Equation: For the sake of convenience, elements of costs can be written in the form of […]

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