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1.)CVP analysis for companies that sell more than one product assumes that the contribution margin ratio for all products is the same. True False 2.)lf

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1.)CVP analysis for companies that sell more than one product assumes that the contribution margin ratio for all products is the same. True False 2.)lf x = the number of units sold, profit = (contribution margin per unit x x) - total fixed costs. True False 3.)In a process costing system, costs are transferred from the Work in Process inventory account directly to the Cost of Goods Sold account. True False

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