1.In your own words, please distinguish between direct and indirect expensesand identify bases for allocating indirect expenses to departments.
2.There are many opportunities to use C-V-P analysis in business world. How have you used C-V-P analysis in your current position or some prior position that you held? You are not being asked to provide any calculations. instead,you are to share what types of business decisions you are /were trying to make. Be specific enough so that we can understand how you applied C-V-P or can apply C-V-P in the future. If you do not have work experience to draw upon, then answer these questions based on your understanding of the concepts