Cost of making a product or providing a service: establishing selling price , product profitability analysis for product mix decisions , cost control

Costs and benefits of different possible courses of action : making short term decisions about the most profitable use of existing resources

Levels of sales turnover necessary to cover full costs and prevent losses:profit planning

Comparison of budgeted and and actual costs and revenues: budgetary control

Inventory levels and time taken to receive payment from bebtors , time taken to pay creditors: working capital management

Profitability of business segments : performance evaluation

Customer profitability: identification and management of key accounts.

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