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Cost-volume-profit analysis includes some inherent, simplifying assumptions. Which of the following is not one of these assumptions? Variable costs fluctuate proportionately with volume. Sales mix

Cost-volume-profit analysis includes some inherent, simplifying assumptions. Which of the following is not one of these assumptions?

Variable costs fluctuate proportionately with volume.

Sales mix will change as fixed costs increase beyond the relevant range.

Cost and revenues are predictable and are linear over the relevant range.

Changes in beginning and ending inventory levels are insignificant in amount.

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