Problem: Decision-Making: 1. Describe the use of contribution margin analysis in product costing.
2. Use cost-volume-profit analysis to evaluate the financial consequences of alternative decisions.
Individual Project: In a paper of 2-3 pages, describe the following:
1) What are the features of cost-volume profit (CVP) analysis.
2) Why are managers interested in the break-even analysis point?
3) Compare contribution margin and fixed costs.
Be sure to cite your sources using proper APA format.