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Economists at the U

question 230

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Economists at the U.S. Department of Justice help enforce the nation's antitrust laws.

Understand the effect of changes in sales volume on cost volume profit (CVP) analysis, including changes in sales mix.
Evaluate the effects of adjustments in fixed and variable costs on the break-even point and target profit calculations.
Recognize the advantages and assumptions of activity-based costing approach in CVP analysis.
Calculate the desired sales mix to achieve a target profit or break-even point.

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