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Break-even analysis helps a manager to ciearly understand the nature of relevant costs and their importance in managerial decision making, resulting in that the manager

Break-even analysis helps a manager to ciearly understand the nature of relevant costs and their importance in managerial decision making, resulting in that the manager can take more soundly decisions and is more confident about their eventual outcome'. Justify how it is relevant to any manufacturing industry, supporting your answer with an example. (Using your sentences with 400-500 words approx.)

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