Which of the following is NOT a key assumption of cost-volume-profit-.docx
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Which of the following is NOT a key assumption of cost-volume-profit-.docx

  1. Which of the following is NOT a key assumption of cost-volume-profit? Costs may be fixed, variable, mixed or step. Changes in total cost are strictly due to changes in activity. Total costs and revenues can be depicted with a straight line. Production and sales are equal. Solution Costs may be fixed, variable, mixed or step.