The concept of Cost-Volume-Profit analysis remains vital to the operations of every entity as it provides good information on the profitability to expect at various levels of operations by an entity within a relevant activity range. This concept is key in evaluating business proposals and turnaround projects for businesses.

You have been appointed as the head of SME support at the Venture Capital Trust Fund of Ghana. Choose an entity of your choice of illustration purposes based on whose operation you will prepare a training guide on C-V-P for your next SME clinic. Your training materials should highlight all key points in C-V-P analysis including but not limited to:

1. The cost statement of the entity.

2. The applicability of C-V-P analysis in the entitys decision making.

3. The understanding of the concept of Margin of Safety and its applicability

4. The sensitivity of various quantitative factors that influence an entitys break-even point.