Question:Please answer each of the following questions in detail. Provide in-text citations and include examples whenever applicable.Explain single product cost-volume-profit (CVP) and break-even analysis. Provide a hypothetical example of CVP and breakeven analysis. Provide in-text citations and explain your example in detail.Explain multiproduct break even analysis. What is the assumption on proportions among the quantities in multiproduct break even analysis? Provide a hypothetical example of multiproduct break even analysis. Provide in-text citations and explain your example in detail.Note:1. Define the words in the own words. Do not directly quote from the textbook.2. Need to include hypothetical examples.2. Need to write at least 2 paragraphs of the written part. (Exclude hypothetical example)3. Need to include the information from the textbook as the reference.4. Need to include at least 2 peer reviewed article as the reference.5. Provide in-text citations and include examples whenever applicable.5. Please find the related power point and textbook in the attachment
