menu
Sign up

Which of the Following Is an Assumption of Cvp Analysis? A)costs

Question 23
Multiple Choice

Which of the following is an assumption of CVP analysis? A)Costs must be separated into separate fixed and variable components. B)Total revenues and total costs are curvilinear in relation to output units. C)Given revenue mixed of products is dynamic. D)There will be a change between beginning and ending levels of inventory. E)The time value of money must be taken into account.

Related questions
Q 24
Which of the following statements about contribution margin and gross margin in CVP analysis is TRUE? A)Contribution margin equals total revenue minus cost of goods sold. B)Contribution margin equals total revenue minus non-variable costs. C)Gross margin equals total revenue minus cost of goods sold. D)Service companies can compute a gross margin but not a contribution margin. E)Gross margin equals total revenue minus non-variable costs.
Q 25
The contribution income statement highlights A)gross margin. B)products costs and period costs. C)different product lines. D)variable and fixed costs. E)gross margin and net operating income.
Q 26
The Franscioso Company contribution margin ratio is A)1.102:1. B)1.425:1. C)0.298:1. D)0.637:1. E)0.702:1.
logo
© 2020-2021 Cozyplus FZ LLC. All rights reserved