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Why is the CVP analysis so important

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Reference no: EM132100420

Question -

1. Why is the CVP analysis so important?

2. CVP (Breakeven analysis) is fairly easy when there is just one product. However, must businesses have a product mix? Let's discuss CVP analysis and BE analysis when a company has more than one product.

3. Describe, in detail, steps 4 and 5 in job order costing. Why is this step important?

4. There are a ton of good examples of customized products that require a job costing system. My first thought is homebuilders. Most houses are unique in a variety of ways. Can you think of a unique, different or entertaining product example?

Reference no: EM132100420

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