Which of the following is not an assumption of CVP analysis? a. A straight line can be

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Which of the following is not an assumption of CVP analysis?

a. A straight line can be used to approximate the relationship between cost and revenue within the relevant range.

b. Production and sales are equal.

c. Sales mix remains constant for any company selling more than one product.

d. All costs can be accurately described as either fixed, variable, mixed, or step.

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Managerial Accounting

ISBN: 9780078110771

1st Edition

Authors: Stacey WhitecottonRobert LibbyRobert Libby, Patricia LibbyRobert Libby, Fred Phillips

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Question Posted: May 14, 2024 10:01 AM

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Which of the following is not an assumption of CVP analysis? a. A straight line can be

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Managerial Accounting

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