Cost-volume-profit (CVP) analysis with multiple products assumes that sales will continue at the same mix of products, expressed in either sales units or sales dollars. This assumption is essential, because a change in the product mix will probably change (pick one below): The average sales price per unit. The total fixed cost. The weighted-average contribution margin (per unit or ratio). The average contribution margin (per unit or ratio). The average variable cost per unit.
Cost-volume-profit (CVP) analysis with multiple products assumes that sales will continue at the same mix of products, expressed in either sales units or sales dollars. This assumption is essential, because a change in the product mix will probably change (pick one below): The average sales price per unit. The total fixed cost. The weighted-average contribution margin (per unit or ratio). The average contribution margin (per unit or ratio). The average variable cost per unit.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Cost-volume-profit (CVP) analysis with multiple products assumes that sales will continue at the same mix of products, expressed in either sales units or sales dollars. This assumption is essential, because a change in the product mix will probably change (pick one below):
-
The average sales price per unit.
-
The total fixed cost.
-
The weighted-average contribution margin (per unit or ratio).
-
The average contribution margin (per unit or ratio).
-
The
average variable cost per unit.
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