Considering issues surrounding product-mix assumptions, which of the following answers is correct assuming the principles of CVP?
A) CVP analysis assumes a known and constant product mix.
B) CVP assumes that only one product can be analyzed at one time.
C) CVP assumes that there must be a maximum weighted contribution ratio when evaluating multiple products together.
D) CVP assumes that management must assume no fixed costs when evaluating multiple products.
Correct Answer:
Verified
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