Which of the Following Is True About the Assumptions Underlying

question 69

Multiple Choice

Which of the following is true about the assumptions underlying basic CVP analysis?

• A) Selling price varies with demand and supply of the product.
• B) Only selling price and variable cost per unit are known and constant.
• C) Only selling price, variable cost per unit, and total fixed costs are known and constant.
• D) Selling price, variable cost per unit, fixed cost per unit, and total fixed costs are known and constant.