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Describe the role of CVP analysis in an organization. Determine the elements needed for the CVP analysis. Evaluate the advantages and disadvantages of fixed costs

Describe the role of CVP analysis in an organization. Determine the elements needed for the CVP analysis.

Evaluate the advantages and disadvantages of fixed costs and variable costs.

Explain how the concept of operating leverage relates to cost structure.

Summarize the differences between before-tax profit and after-tax profit as it relates to profit planning

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