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1. Using examples of a companys (real or fictitious) production and selling activities, explain cost-volume-profit assumptions and the practicality of relying on these assumptions in

1. Using examples of a companys (real or fictitious) production and selling activities, explain cost-volume-profit assumptions and the practicality of relying on these assumptions in the Covid-19 pandemic era. Your discussion should include at least one numerical example. [30 marks]

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