Question: A cost volume profit analysis is based on certain general assumptions. Which of the following is NOT one of these assumptions? A. The average variable

A cost volume profit analysis is based on certain general assumptions. Which of the following is NOT one of these assumptions?

A. The average variable cost per unit is constant as activity changes

B. in multi product organizations, the sales mix remains constant

C. product prices remain constant as activity changes

D. units produced are equal to units sold

E. the average fixed cost per unit is constant as activity changes

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

Cost volume profit analysis is based on certain general assumptions. Which of the following is not one of these assumptions? In multiproduct organizations, the sales mix remains constant. Total costs...

Q:

Cost volume profit analysis is based on certain general assumptions. Which of the following statements about these assumptions is/are true? Select one: a. Expenses can be categorised as fixed,...

Q:

22. Cost volume profit analysis is based on certain general assumptions. Which of the following statements about these assumptions is/are true? A. The price of the product will remain constant as...

Q:

Cost volume profit analysis is based on certain general assumptions. Which of the following statements about these assumptions is/are true? A. The price of the product will remain constant as volume...

Q:

Cost volume profit analysis is based on certain general assumptions. Which of the following statements about these assumptions is/are true a. The price of the product will remain constant as volume...

Q:

Cost volume profit analysis is based on certain general assumptions. Which of the following statements about these assumptions is/are true? The price of the product will remain constant as volume...

Q:

cost -volume -profit analysis is based on certain general assumptions. one of these assumptions is that product prices will remain constant as volume varies within the relevant range. true or false

Q:

ining Time: 43 minutes, 18 seconds. Question Completion Status: QUESTION 15 Maki plans to sell 10,000 units of a particular product during July, and expects sales to increase at the rate of 10% per...

Q:

1. One useful equation used in CVP (Cost Volume Profit) analysis is -Revenue per unit - variable cost = Contribution margin per unit -Revenue per unit - Variable costs per unit = Fixed Cost Per unit...

Q:

1. One useful equation used in CVP (Cost Volume Profit) analysis is -Revenue per unit - variable cost = Contribution margin per unit -Revenue per unit - Variable costs per unit = Fixed Cost Per unit...

Q:

rn 1. Visit the company's website (www.bandaid.com) and identify and describe the different product lines that it markets. How would you describe its product line breadth? 2. Review the different...

Q:

Go Systems had the following payroll data for wages for the week ended February 5. The state income tax is assumed to be 20% of the federal income tax. a. Write the general journal entry to record...

Q:

6. Obtain all data that is necessary from the worksheet prepared for Whatnots in Problem 12.5B at the end of Chapter 12. Then follow the instructions to complete this problem. INSTRUCTIONS 1. Record...

Q:

Skills necessary for success in marketing include Multiple select question. analytical thinking advertising industry experience infallibility ability to work with others

Q:

Recognize that some applicants have a tendency to interview the interviewer and know how to address this mode of behavior

Q:

Appreciate the importance of training and development as continuing activities

Q:

Understand how an interviewer should respond or react when receiving legally forbidden information that is voluntarily given