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In 1948,a Bell Labs Researcher Named Claude Shannon Wrote a Technical

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In 1948,a Bell Labs researcher named Claude Shannon wrote a technical report in which he proposed that all information media could be encoded in binary digits,or bits.

Understand and define various cost behaviors and their implications on cost-volume-profit analysis.
Identify and calculate the break-even point in both units and dollars.
Describe and utilize the high-low method to analyze cost behavior.
Analyze and interpret the significance of the margin of safety and its calculation.

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