Applicability of the CVP Model for the Indian Sugar Sector

Using linear and quadratic regression, this study investigates the applicability of the Cost-Volume-Profit (CVP) model for Indian sugar manufacturing companies.

According to the findings, the linear CVP model is more suitable for Indian sugar manufacturing companies than the quadratic CVP model. The slope coefficients, on the other hand, were not associated with profitability, despite the model's predictions; they were positively correlated with the mean and standard deviation of Power & Fuel Expenditure and negatively correlated with the mean Employee Expenditure. This indicates that a quadratic regression of TR on the various components of total cost would have been better.

Please see the link :- https://globalpresshub.com/index.php/ABAARJ/article/view/808