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Your friend Cynthia Oby wants to start a t-shirt business and came to you for advice. Explain a Cost Volume Profit Analysis (CVP) and provide

Your friend Cynthia Oby wants to start a t-shirt business and came to you for advice. Explain a Cost Volume Profit Analysis (CVP) and provide one example of how her business can benefit from completing a CVP analysis.

Discuss the importance of sensitivity analysis. and examine the differences between absorption costing and variable costing.

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