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In CVP analysis, the equation of a line often comes in handy. In the Y = m(X) + b equation, identify what each letter represents.
In CVP analysis, the equation of a line often comes in handy. In the Y = m(X) + b equation, identify what each letter represents. If we want to understand a company's total shipping expense by looking at the number of packages shipped, what would the Y represent in that equation? The X?
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