Cost-volume-profit analysis is used primarily by management O as a planning tool O to prepare external financial statements O for control purposes O to attain accurate financial resultsOne of the first steps to take when using CVP analysis to help make decisions is: O finding out where the total costs line intersects with the total revenues line on a graph O identifying which costs are variable and which costs are fixed O estimating how many products will have to be sold to make a decent profit O calculation of the degree of operating leverage for the companyCost-volume-profit analysis assumes all of the following EXCEPT O units manufactured equal units sold O total fixed costs remain the same over the relevant range O total variable costs remain the same over the relevant range O all costs are variable or fixedWhich of the following items is NOT an assumption of CVP analysis? 0 The unitselling price is known and constant 0 Total costs can be divided into a xed component and a component that is variable with respect to the level of output. 0 When graphed, total costs curve upward C) All revenues and costs can be added and compared without taking into account the time value of money Which of the following items is NOT an assumption of CVP analysis? O Proportion of different products will remain constant when multiple products are sold O Costs may be separated into separate fixed and variable components O Unit selling price, unit variable costs, and unit fixed costs are known and remain constant O Total revenues and total costs are linear in relation to output units