1. What is cost-volume-profit, and how may cost-volume-profit analysis be utilised for decision-making?
2. What is the definition of "relevant range"?
3. What is 'contribution margin' and how is it applied?
4. What is 'profit-to-volume ratio' and how is it utilised in cost-to-volume-profit analysis?
5. Describe and distinguish between the three different approaches to presenting cost-volume-profit relationships in graphical format.
6. Please provide some references for further research