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BUDGETING AND CONTROL You should make a cost-volume-profit analysis, that will demonstrate a clear understanding of management accounting and unit cost behavior. Key contextual elements
BUDGETING AND CONTROL
You should make a cost-volume-profit analysis, that will demonstrate a clear understanding of management accounting and unit cost behavior.
Key contextual elements include fixed costs, variable costs, the behavior per-unit costs, economies of scale, contribution margin and margin of safety.
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