cost-volume-profit (CVP) definition
The analysis of how profits change as volume changes. The calculation of the break-even point is a part of cost-volume-profit analysis.
The analysis of how profits change as volume changes. The calculation of the break-even point is a part of cost-volume-profit analysis.
Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years. He is the sole author of all the materials on AccountingCoach.com. Read more about the author.