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1. Describe different types of cost behavior in relation to production and sales volume. 2. Describe several applications of cost-volume-profit analysis. 3. How do you

1. Describe different types of cost behavior in relation to production and sales volume.

2. Describe several applications of cost-volume-profit analysis.

3. How do you compute the contribution margin and describe what it reveals about a companys cost structure?

4. How do you compute unit cost and income under both absorption and variable costing?

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