Understanding how costs behave is useful to management for all of the following reasons except

A) predicting customer demand
B) predicting profits as sales and production volumes change
C) estimating costs
D) changing an existing product production

Predicting Customer Demand

The process of forecasting future demand for a product or service based on historical sales data, market trends, and statistical analysis.

Predicting Profits

Involves estimating future earnings of a business based on current trends, historical data, and market analysis to guide decision-making.

Estimating Costs

The process of predicting the financial resources required for a project or production, based on historical data and future projections.