The importance of using CVP analysis for businesses from managerial accounting perspective. The assignment needs to present how the analysis is used [ in theoretical explanation) and how it is important for businesses. Also, assignment should convey logical reasoning for the information presented, clarity in conveying the required points. Instructions >The assignment should be a minimum of 700 words Solve the following problems using Microsoft Excel. Submit the answers in the assignment link given in eduoasis. Due date: 6th December 2020. 1. 50 Companies percentages of revenues spent on R&D are given below. 5.2 6.9 7.8 8.8 10.5 5.9 7.1 8 9.2 6.5 7.2 8.1 9.5 11.3 5.6 6.9 7.9 9 6.5 7.2 8.2 9.5 11.7 6.5 7.5 8.2 9.6 6.5 7.5 8.2 9.7 13.2 6.0 7.1 8 9.4 6.9 7.7 8.4 9.9 13.5 6.9 7.7 8.5 10.1 10.6 10.5 12.0 11.1 13.5