Cost volume profit analysis: Cost volume profit analysis measures the effect on income of a company with the alteration of cost and volume of sales. In simple words, it is analytical process which measures the influence on profit with change in level of activity and cost. To determine : Prepare a half-page report identifying (1) Three assumptions relating to your expected revenue. (2) Three assumptions relating to your expected costs for the first year of your new job.

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Chapter 21, Problem 4BTN

To determine

Cost volume profit analysis:

Cost volume profit analysis measures the effect on income of a company with the alteration of cost and volume of sales. In simple words, it is analytical process which measures the influence on profit with change in level of activity and cost.

To determine:

Prepare a half-page report identifying

(1) Three assumptions relating to your expected revenue.

(2) Three assumptions relating to your expected costs for the first year of your new job.

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