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Explain the following the following questions for part 1 and part 2. Part 1: What is cost behavior analysis? (Explain in your own words) Why

Explain the following the following questions for part 1 and part 2.

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Part 1: What is cost behavior analysis? (Explain in your own words) Why is cost behavior analysis important to management? (Explain in your own words) Part 2: "Break-even analysis isl of limited use to management because a company cannot survive by just breaking even." Do you agree? Agree or not agree, please describe your line of reasoning.

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