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A cost - volume - profit graph is frequently used in business meetings because it presents a picture of cost relationships within a company. Briefly

A cost-volume-profit graph is frequently used in business meetings because it presents a picture of cost relationships within a company. Briefly describe the type of information and data that you would need to prepare a CVP graph. After a CVP graph is prepared, what are the major points that could be made from the graph that would be of interest to management?

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