Which one of the following is not considered an assumption of cost-volume-profit analysis?O a.Sales mix of products sold does not remain constantO b. Costs are linearO c. Costs can be divided into variable and fixed componentsO d. Fixed cost per unit is not constantO e. Selling price per unit does not change with volume In the CVP analysis, at the point of breakevena. breakeven sales revenues equal total fixed costs divided by the variable cost per unitO b. total contribution margin minus total fixed costs is equal to profits earnedO c. total contribution margin for a company is equal to zeroO d. None of the given answersO e. total sales revenues equal total fixed costs plus total variable costs

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Description: Which one of the following is not considered an assumption of cost-volume-profit analysis?O a.Sales mix of products sold does not remain constantO b. Costs are linearO c. Costs can be divided into variable and fixed componentsO d. Fixed cost per uni

Cost volume profit analysis enables the management in determining the relation of costs and revenues…

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Which one of the following is not considered an assumption of cost-volume-profit analysis? a. Sales mix of products sold does not remain constant O b. Costs are linear Costs can be divided into variable and fixed components O d. Fixed cost per unit is not constant e. Selling price per unit does not change with volume

Which one of the following is not considered an assumption of cost-volume-profit analysis? a. Sales mix of products sold does not remain constant O b. Costs are linear Costs can be divided into variable and fixed components O d. Fixed cost per unit is not constant e. Selling price per unit does not change with volume

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

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Publisher:Libby

Chapter1: Financial Statements And Business Decisions

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Inventory Valuation

Before discussing the topic inventory valuation let’s discuss the meaning of inventory. In accounting, inventory is also known as stock. Inventory means all the finished goods, materials, merchandise that a business holds for the purpose of selling it in the market with the motive of earning profit.

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Which one of the following is not considered an assumption of cost-volume-profit analysis?
O a.
Sales mix of products sold does not remain constant
O b. Costs are linear
O c. Costs can be divided into variable and fixed components
O d. Fixed cost per unit is not constant
O e. Selling price per unit does not change with volume

In the CVP analysis, at the point of breakeven
a. breakeven sales revenues equal total fixed costs divided by the variable cost per unit
O b. total contribution margin minus total fixed costs is equal to profits earned
O c. total contribution margin for a company is equal to zero
O d. None of the given answers
O e. total sales revenues equal total fixed costs plus total variable costs

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