Which of the following is an assumption of CVP analysis?
A) Inventory levels increase at a constant rate.
B) Costs are linear throughout the relevant range.
C) The number of units sold is constant.
D) Fixed costs increase as production increases.
B
You might also like to view...
Some cultures are monochronic in that they prefer to organize and schedule things sequentially, while other cultures are polychronic in that they are characterized by the simultaneous occurrence of many different activities.
Answer the following statement true (T) or false (F)
Given the following information about a corporation's current year activities, compute the retained earnings for the current year. Retained earnings, December 31 (prior year)$280,000Cost of goods sold$90,000Other operating expenses$54,000Cash dividends$31,800Correction of understatement of net income in prior ?period (inventory error)$23,000Stock dividends$20,000Net income$36,000
What will be an ideal response?
Brad, an employee who works in the production department, has the ability to collaborate well with others. Brad's ability to collaborate is an example of a routine skill
Indicate whether the statement is true or false
The _____ method is the most detailed method of determining the amount of life insurance coverage needed for an individual.
A. human life value B. multiple-of-earnings C. risk assessment D. economic identification E. needs analysis