Which of the following entities can use cost-volume-profit (CVP) analysis?

Question

Quizplus · Accepted Answer

All of the mentioned entities can use CVP analysis. Not-for-profit organizations can use it to analyze the impact of different levels of activities on their costs and revenues. Service firms can use it to determine the breakeven point and make decisions about pricing and volume. Manufacturers can use it to analyze the impact of different levels of production on their costs and profits.

Which of the Following Entities Can Use Cost-Volume-Profit (CVP) Analysis