Using Cost-Volume-Profit Analysis in Decision Making

The cost-volume-profit study the manner how evolve the total revenues, the total costs and operating profit, as changes occur in volume production, sale price, the unit variable cost and / or fixed costs of a product. Managers use this analysis to answer different questions like: How will incomes and costs be affected if we still sell 1.000 units? But if you expand or reduce selling prices? If we expand our business in foreign markets?

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Year of publication:	2009
Authors:	Buşan, Gabriela ; Dina, Ionela-Claudia
Published in:	Annals of the University of Petrosani, Economics. - University of Petrosani, Romania. - Vol. 9.2009, 3, p. 103-106
Publisher:	University of Petrosani, Romania
Subject:	cost-volume-profit \| marginal contribution \| break-even \| the equation method \| the marginal contribution method \| graphical method

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Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008470149