Cost-Volume-Profit Analysis Is Based on Necessary Assumptions

Multiple Choice

Cost-volume-profit analysis is based on necessary assumptions.Which of the following is not one of these assumptions?

A) Costs can be classified as variable or fixed.
B) Relevant range includes all possible levels of activity that a company might experience.
C) Sales price and variable costs per unit of output remain constant as volume changes.
D) A constant sales mix in a multiproduct company.
E) Total fixed costs are held constant.