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In CVP analysis, it is assumed the term 'cost' includes only manufacturing costs. it is...

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Accounting

In CVP analysis,
it is assumed the term 'cost' includes only manufacturing costs.
it is assumed that costs must be classified as either fixed, mixed, or variable.
it is assumed that more than one type of product is sold, the sales mix will vary.
it is assumed that all costs can be classified as either variable or fixed.Oo
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