Explain the how CVP analysis might be used in your workplace or in a different environment you are familiar with.
Directions: Discussion post should be a minimum of 250 words, with a goal of 500 words with at least 2 outside, academic strength source. I need also a response to 2 of your classmates discussion post, minimum of 250 words and 1 outside source.
Explain the how CVP analysis might be used in your workplace or in a different environment you are familiar with. Why is understanding the mix between fixed costs and variable costs important? How can understanding break-even point change decision making specifically in your example? Why would a non-accountant need to have a good understanding of this type of analysis and terms?
Requirements: 250 each post
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