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Tag Archives: Cost Accounting
In the light of the concepts of the Cost Volume Profit (CVP) Analsis, respond to this comment: “We are unable to meet demand for our product, yet you refuse to let us operate all our processes at least practical capacity. … Continue reading
My Guru, Professor John Shank said that the use of contribution margins to select products is “a snare, a trap, and a delusion” because a firm will never drop a product that has a positive contribution margin for fear of … Continue reading
Peter Drucker, the famous management guru, once said, “Every three years, an organisation should challenge every product, every service, every policy, every distribution channel with the question: If we were not in it already, would we be going into