In applying the high-low method, what is the fixed cost? Month Miles Total Cost January 80,000 $192,000 February 50,000 160,000 March 70,000 188,000 April 90,000 260,000 $35,000 O Ob. $72,000 Oc $28,000 d. $100,000 CVP analysis does not consider level of activity. 0 b fixed cost per unit. 0 variable cost per unit 0 E Moving to another question will save this response. Which of the following is not an underlying assumption of CVP analysis? Changes in activity are the only factors that affect costs. Cost classifications are reasonably accurate. Beginning inventory is larger than ending inventory. d. Sales mix is constant. > A Moving to another question will save this response. The following information is available for Wade Corp.: Sales $580,000 Total fixed expenses $150,000 Cost of goods sold $390,000 Total variable expenses $360,000 A CVP income statement would report which of the following? gross profit of $190,000. b contribution margin of $430,000 c.gross profit of $220,000 d contribution margin of $220,000. A company sells a product which has a unit sales price of $5, unit variable cost of 53 and total forced costs of 5240,000. The number of units the company must sell to break even is 120,000 units. 48,000 units 480,000 units 80,000 units