Which is the true statement? The CVP income statement shows contribution margin instead of gross profit. In a traditional income statement, costs and expenses are classified as either var In a CVP income statement, costs and expenses are classified only by function. The CVP income statement is prepared for both internal and external use. Last saved 1 second ago. Saved work will be auto-submitted on the due date. Autosubmission can take up to 10 minutes. View Policies Current Attempt in Progress Which one of the following is not an assumption of CVP analysis? The behavior of costs and revenues are linear within the relevant range. Sales mix remains constant. All costs are variable costs. All units produced are sold