q25

Which of the following statements about CVP analysis is false? O a. All of the given answers are true. O b. Operating income calculations in CVP analysis are based on contribution margin not gross margin. 0.c Managers use (CVP) analysis to study the behavior of and relationship among the elements such as total revenues, total costs, and income Od Unit selling price unit variable costs, and unit fixed costs are known and remain constant, O e Total revenues and total costs are linear in relation to output units