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Which of the following is not an assumption of CVP: Multiple Choice A straight line can be used to approximate the relationship between total costs
Which of the following is not an assumption of CVP: Multiple Choice A straight line can be used to approximate the relationship between total costs and sales. All costs can be classified as either variable or fixed. O Costs must be mixed. O Production and sales are equal. Only sales volume affects total costs and revenue. Break-even is indicated on the CVP graph by: Multiple Choice The point where the total revenue line and the total cost line intersect. The vertical difference between the revenue line and the total cost line. The horizontal difference between the revenue line and the total cost line. The vertical difference between zero and total cost line. Burger Kitchen Foods sells a burger for $5. The variable cost per burger is $3. The total fixed cost is $30,000. What is the number of break-even units? Multiple Choice 15,000 units 6,000 units 22,500 units O 12,000 units
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