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Explain the concept of cost-volume-profit

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Reference no: EM131624146

Problem - Greenfield Corporation uses a calendar year end.

Recent and Forecasted Widget Sales in Units:

  • October (actual) 30,000.
  • November (actual) 34,000.
  • December (actual) 38,000.
  • January 40,000.
  • February 55,000.
  • March 60,000.

The price per unit is $10.

Instructions - For this assignment, complete the following:

Using the information provided, indicate to executive sales management to explain the budget and sales projections. The memo should clearly explain the concept of cost-volume-profit (CVP) analysis and how the analysis can be used to plan and control cost including how variable and fixed cost impact the CVP analysis.

Reference no: EM131624146

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