Which of the following are the underlying assumptions of cost-volume profit (CVP) analysis?

(A) Number of units produced and sold are equal

(B) Cost inputs and the output produced are linearly related

(C) Sales price and sales mix remain constant

(D) Zero base budgeting underly costs and pricing decisions

(E) Total fixed costs and variable cost per unit are constant

Choose the correct answer from the options given below:

1
(A), (B), and (C) only
2
(C), (D) and (E) only
3
(A), (C), and (E) only
4
(B), (C) and (D) only

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