Which is not a factor in cost-volume-profit analysis

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Problem 1. Which of the following is not a factor in cost-volume-profit analysis?

a. Units sold

b. Selling price

c. Total variable costs

d. Fixed costs of a product

Problem 2. Which of the following is not an assumption of cost-volume-profit analysis?

a. The time value of money is incorporated in the analysis.

b. Costs can be classified into variable and fixed components.

c. The behavior of revenues and expenses is accurately portrayed as linear over the relevant range.

d. The number of output units is the only driver.

Reference no: EM132738675

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