1. How would break even and cost volume profit analysis differ in a nonprofit setting as opposed to a for profit environment? 2. How can cost volume profit analysis be used in nonprofit organizations? Provide at least one hypothetical example. 3. The concept of operating leverage is typically applied to for-profit organizations. How are the key concepts underlying operating leverage (ratio of fixed to variable costs) relevant to nonprofit organizations? In 3-5 sentences, explain the importance of operating leverage to a nonprofit Executive Director. Edit View Insert Format Tools Table 12ptv Paragraph BIU AT2: