cost volume profit analysis definition
Cost-Volume-Profit Analysis (CVP) Definition. Cost-Volume-Profit (CVP) Analysis is a tool for planning and decision-making that emphasises the interrelationships of cost, quantity sold, and price (Hansen et al., 2007). It studies the effects of changes in cost and volume on a company's profits (Weygandt et al., 2009).ost-Volume-Profit Analysis (CVP) References (4 of up to 20) *. 1  Abdel-Kader, M., Luther, R. (2006) Management Accounting Practices in the British Food and Drinks Industry. 2  British Food Journal, Vol. 108(5), pp. 3  336-357. 4  Fitzgerald, D. (2011_ ConAgra Profit Falls 6.4% on Higher Costs, Flat Volume.