Which one of the following is an assumption that underlies cost-volume-profit analysis? 1. For costs classified as

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Which one of the following is an assumption that underlies cost-volume-profit analysis?
1. For costs classified as variable, the costs per unit of output must change constantly.
2. For costs classified as fixed, the costs per unit of output must remain constant.
3. All costs have approximately the same relevant range.
4. The selling price per unit must change in proportion to the number of units sold.

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Managerial Accounting

ISBN: 978-0073379586

2010 Edition

Authors: John J. Wild, Ken W. Shaw

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