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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Q Question: In Module 3, you will use CVP analysis to inform the pricing of your three products. SCENARIO CONTINUATION: You have now completed SLP2, and the date is (once again) reset to January 15, 2017. You turn on the TV. The local television news anchor is talking about events that occurred on January 1, 2013. Your decision-making process will be different this time, as you will be using CVP analysis, a technique with which you recently became familiar. You analyze the results of the decisions you made in SLP2. But this time, you aim to improve your Final Total Score by using the CVP Calculator to help you determine a new and improved strategy. You analyze your SLP2 results using CVP and develop your complete four-year strategy, again taking notes, documenting your reasoning. You finish the report that shows your revised strategy for the next four years.

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Let us understand the definition of Cost Volume Profit analysis (CVP). Cost Volume Profit analysis can be defined as a technique that is used to govern or understand what the ups and downs in the cost or volume can have the impact on the net income of the organisation. Cost Volume Profit analysis helps the organisation in making pricing decision in a better way and in a much better organised and systematic way. For the year 2013, Product W1: There has been no issues or problems regarding the performance of W1. The