Break-even analysis helps a manager to clearly understand the nature of relevant costs and their importance in manageria

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answerhappygod
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Break-even analysis helps a manager to clearly understand the nature of relevant costs and their importance in manageria

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Break-even analysis helps a manager to clearly understand the
nature of relevant costs and their importance in managerial
decision making, resulting in that the manager can take more
soundly decisions and is more confident about their eventual
outcome’. Justify how it is relevant to any manufacturing industry,
supporting your answer with an example. (Using your sentences with
400-500 words approx.) soft copy
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