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In Single-Product CVP analysis, we have one product that the company is making so we need to work out our calculations based on an individual basis.
But in Multi-Product CVP analysis, we have more than one product that the company is making so we need to work out our calculations based on Weighted Average basis which means we have to do our calculation on a Total basis (i.e. taking total contribution and total sales revenue to get C/S ratio and as such)
Is that true?
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