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What is cost volume profit analysis? Discuss situations where managers may use CBP

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January 6th, 2018

1. What is cost volume profit analysis? Discuss situations where managers may use CBP in their organization. Answer should include at least discussion of total contribution margin and break even analysis.2. Explain Traditional and Activity Based Costing Systems. Give specific examples of when you’ll use each system? How chasing that system would provide value as a decision making tool for the organization.

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