SIM 7:42 PM a bb.umflint.edu Remaining Time: 1 hour, 57 minutes, 14 seconds. Question Completion Status: ES Which of the following is an assumption underlying standard CVP analysis? In multiproduct companies, the sales mix is constant O In manufacturing companies, inventories always change O The price of a product or service is expected to change as volume changes. O Fixed expenses will change as volume increases. QUESTION 7 To obtain the dollar sales volume necessary to attain a given target profit, which of the following formulas should be used? 0 (Fixed expenses + Target net profit)/Total contribution margin 0 (Fixed expenses + Target net profit)/Contribution margin ratio O Fixed expenses/Contribution margin per unit O Target net profit Contribution margin ratic QUESTION 8 Which of the following would not affect the break-even point? O number of units sold O variable expense per unit O total fixed expense O selling price per unit QUESTION 9 Fawn Company's margin of safety is $90,000. If the company's sales drop by $80,000, it will still positive net operating income. O True Click Save and Submit to save and submit. Click Save All Answers to save all ansuers