Which statements describe assumptions made when using cost–volume–profit analysis?
1 Costs can be accurately divided into their fixed and variable parts.
2 Costs cannot be accurately divided into their fixed and variable parts.
3 There are multiple products or a varying sales mix.
4 There is a single product or constant sales mix.
1 )
1 and 3
1 and 4
3 )
2 and 3
4 )
2 and 4
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