Knowing the relationship among cost, volume and profit, or CVP, is your most powerful tool in making better decisions. It will show you:the volume of sales required to break even and generate profit,the proper menu pricing in relation to cost of sales,the impact of product sales mix on product contribution,and whether to open or close an operation.The following scenario will help you understand CVP relationships.Assume, due to the recession, you closed a restaurant or profit center within ...

Register to view this article

It’s free but we need to know a little about you to continually improve our content.

Why Register?

Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.

 

Attention Print Subscribers:  While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
 

Questions about your account or how to access content? 

Contact: Brian Galletta (813) 627-6722 Brian.galletta@penton.com or Desiree Torres (813)-627-6792 Desiree.Torres@penton.com

Already registered? here.