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Cost-volume-profit analysis is used to make many decisions, including product pricing and controlling costs. answer the questions in detail. What assumptions are used in cost-volume-profit

Cost-volume-profit analysis is used to make many decisions, including product pricing and controlling costs. answer the questions in detail.

What assumptions are used in cost-volume-profit analysis?

Are these assumptions always valid?

Why do managers put such a great amount of emphasis on controlling fixed costs in their organizations?

What is meant by the statement, my company has good operating leverage?

How does good operating leverage magnify earnings results with modest revenue increase?

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